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Ryder Unveils Newly Built Maintenance Facility in Charlotte, North Carolina

November 30, 2017

Facility Designed to Provide Best-in-Class Maintenance Services to a Broad Range of Vehicle Platforms

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced the unveiling of its new state-of-the-art maintenance facility in Charlotte, N.C. The newly constructed Ryder-Charlotte North location has been engineered with expanded capabilities to provide maintenance to a broad range of diesel and advanced fuel vehicles.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171130005165/en/

Ryder executives during the ribbon cutting ceremony (Photo: Business Wire)

Ryder executives during the ribbon cutting ceremony (Photo: Business Wire)

TWEET THIS: @RyderSystemInc new Charlotte North facility is open & ready to provide services to the latest engine technologies including advanced fuel vehicles.

The facility features five new drive-through commercial service bays, and a half-size vehicle service bay, that are all natural gas vehicle compliant. Additionally, the location features a new automated drive-through truck wash bay, a relocated fuel island with dual fuel lanes to improve traffic flow, and a one-acre lot expansion to accommodate parking for more commercial vehicles. The facility also includes a redesigned full service rental counter for businesses that are in need of a commercial vehicle for short-term use.

“The opening of this new state-of-the-art facility enables us to meet the growing transportation needs of more businesses in North Carolina,” said Ryder President of Global Fleet Management Solutions, Dennis Cooke. “With our new facility, we can provide customers in the North Charlotte region with more diverse, advanced maintenance services, an expanded staff of expert technicians, and the latest maintenance technologies in a larger, more modern space.”

Located at 1409 West Craighead Rd., Charlotte, NC 28206, Ryder’s Charlotte North facility is open Monday through Friday from 6:30 a.m. to 11:00 p.m. for vehicle maintenance and on Saturdays from 7:00 a.m. to 3:30 p.m. for truck rentals. For additional information about the new location and its services, please call 800-297-9337.

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. The Company 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. Inbound Logistics magazine has included Ryder in its “Green Partners” listing for nine years in a row. Ryder was also recognized by the U.S. Environmental Protection Agency (EPA) with a 2014 SmartWay Affiliate Challenge award and SmartWay Excellence Awards in 2014 and 2013. Ryder is a charter member of the NGV Fleet Forum and a member of the Department of Energy’s National Clean Fleets partnership. Ryder is also a recipient of the 2011 NGV Achievement Award. A member of the American Red Cross Disaster Responder Program, Ryder is proud to support 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.

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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