FORTUNE Magazine Names Ryder Among World’s Most Admired Companies for 10th Consecutive Year

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today announces it has been named by FORTUNE magazine as one of the World's Most Admired Companies® for 2022. This is the 10^th consecutive year Ryder has made the annual listing of companies with the strongest reputations and ranked as one of the top companies within the trucking, transportation, and logistics industry category.

“After nearly 90 years in business, our employees are still the greatest asset at Ryder. This recognition of their dedication and commitment to our company, customers, and the communities they serve is very rewarding,” says Ryder Chairman and CEO Robert Sanchez. “For a decade, Ryder has proven that being a responsible corporate citizen is rewarded and the consistent acknowledgment by FORTUNE is an honor. It’s an accolade we intend to continue to achieve for many years to come.”

FORTUNE World's Most Admired Companies list, a ranking of the world’s most respected and reputable companies, was based on a survey of some 3,700 corporate executives, directors, and analysts. Each company was evaluated based on a variety of attributes, including investment value and quality of management and products to social responsibility and ability to attract talent.

Ryder’s commitment to being a responsible corporate citizen extends into every aspect of its business. A commitment to sustainability is critical to Ryder’s long-term interests financially, operationally, and ethically. Ryder drives operational advancements around energy efficiency, reduced reliance on natural resources, world-class safety programs, the hiring of a diverse workforce, and through community involvement of its nearly 40,000 employees.

Information about Ryder’s Corporate Sustainability Report and ESG initiatives can be found at www.RyderCSR.com.

For more information about the complete list of the 2022 World's Most Admired Companies, visit https://fortune.com/worlds-most-admired-companies/2022/.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses, encompassing approximately 64 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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