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Ryder Named a 2018 Top 3PL Provider by Multichannel Merchant for Providing Premium Supply Chain Solutions to Retail Companies

December 14, 2017

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today that the Company was recognized by the publication Multichannel Merchant as a leader in providing strategic supply chain solutions to companies within the retail industry. Multichannel Merchant’s Top 3PL Provider list is curated by the magazine’s editors and includes the best-in-class top 3PL providers. The list is a sought-after resource by omnichannel, ecommerce, and direct-to-customer merchants seeking to discover new, experienced business partners. Multichannel Merchant’s Top 3PL Provider list is a searchable resource available via multichannelmerchant.com.

TWEET THIS: @mcmerchant names @RyderSystemInc a Top 3PL Provider. View the full listing here: http://www.multichannelmerchant.com/top-third-party-logistics-services-2018/?q=winner-632 #MCMTop3PL

“We’re honored to be recognized by Multichannel Merchant as a Top 3PL Provider as this further demonstrates Ryder’s leadership in providing integrated supply chain capabilities that include transportation, vehicle maintenance, warehousing, and distribution for retailers,” said Ryder Vice President and General Manager for Retail and Consumer Brands, Tom Kretschmer. “Many companies have entrusted Ryder to support their retail operations by leveraging our LEAN supply chain culture. In order to keep up with growing e-commerce and omnichannel demands driving consumer expectations for faster, more frequent deliveries, Ryder is expanding its integrated e-fulfillment solutions network. Ryder is constantly listening to its customers and places a growing focus in capabilities that support rapid fulfillment, allowing retailers to not only cut down on delivery time, but also prepare for popular product orders and improve inventory product availability.”

Ryder Supply Chain Solutions optimizes logistics networks to make them more responsive and able to be leveraged as a competitive advantage. Globally-recognized brands in the automotive, consumer goods, food and beverage, healthcare, industrial, oil and gas, technology, and retail industries rely on Ryder’s leading technologies and world-class logistics engineers to help them deliver the goods that consumers use every day.

“Many ecommerce and direct-to-customer merchants today are considering an outsourced fulfillment solution because their business growth has outstripped their internal capabilities,” said Mike O’Brien, Senior Content Manager of Multichannel Merchant. “That’s why we’ve developed our Top 3PL listing as a valuable resource for them. Each 3PL listed has been selected based on their industry experience, range of capabilities, and ability to handle high order flow.”

Operating 189 facilities with 44 million square feet of warehouse space, Ryder offers flexible solutions as well as end-to-end visibility – no matter how challenging or diverse the storage and distribution needs may be. Ryder currently provides comprehensive logistics and supply chain management solutions to companies with operations in the U.S., Canada, Mexico, the U.K., and Singapore, and also contracts with more than 2,100 providers of all modes of transportation in the markets it serves.

The Company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, representing many of the world’s best-known brands. Ryder employs 34,500 people and manages a fleet of 234,100 commercial vehicles.

Multichannel Merchant’s Top 3PL Providers Listing is featured online at http://www.multichannelmerchant.com/top-third-party-logistics-services-2018/?q=winner-632.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder has been named among FORTUNE’s World’s Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, Instagram, and YouTube.

About Multichannel Merchant

Multichannel Merchant reaches key decision makers responsible for ecommerce, management, marketing and operations at companies that sell merchandise through multiple channels — including ecommerce, mobile, social, and catalog. Multichannel Merchant delivers original research, as well as in-depth analysis of trends and best practices, news, tactical/how-to, executive summaries, technology and supplier comparisons, tip sheets and resource information to help companies sell & deliver products wherever and whenever the customer wants them – at home, work, store or other locations.

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.

Source: Ryder System, Inc.

Ryder System, Inc.

Jonathan Mayor, 305-500-3161

Jonathan_C_Mayor@ryder.com

or

David Bruce, 305-500-4999

David_Bruce@ryder.com

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