2022-05-17 | NYSE: R | Press release

ByShannon J. Cortes

May 17, 2022

Strategic expansion focuses on growing population centers as demand remains high for e-commerce execution of large and bulky goods

Ryder System, Inc. (NYSE:R), a Leader in Supply Chain, Dedicated Transportation and Fleet Management Solutions, Announces Further Expansion of Ryder Last Mile, Its Customizable Tiered Delivery Solution for large and bulky goods. With new fulfillment centers in the Nashville, Tennessee and Boise, Idaho areas, two of the 20 fastest growing metropolitan areas in the United States, Ryder is addressing the growing need for last mile delivery services for major appliances appliances, furniture, exercise equipment, etc. , as populations evolve with the ability to work remotely.

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With new distribution centers in the Nashville, Tennessee, and Boise, Idaho areas, Ryder is addressing the growing need for last-mile delivery services for major appliances, furniture, exercise equipment, and more, as that populations evolve with the possibility of working remotely. (Photo: BusinessWire)

Just outside of downtown Nashville, the new Ryder Last Mile multi-client warehouse in Smyrna, TN opened in February at 100,000 square feet and can be expanded to accommodate the growth of customers as well as seasonal and market fluctuations. And earlier this month, just outside Boise, Ryder opened a 70,000 square foot multi-client facility in Caldwell, Idaho, also with room for expansion.

“We have made the decision to invest in the Nashville and Boise markets for this latest expansion of our last mile delivery network as it aligns with our broader strategy to continually bring our customers closer to their end consumers. ,&CloseCurlyDoubleQuote ; said Steve Sensing, president of supply chain solutions for Ryder. “With booming populations and quick access to highway and rail networks, these two new markets increase speed to market, which is essential in today’s highly competitive environment and vital for our customers&CloseCurlyQuote growth strategies.”

With over 100 additional locations, the Ryder Last Mile network covers 95% of the United States, including Puerto Rico and Hawaii, within two days.

Customizable delivery options include four service levels: Front Door; Above the threshold; Room of choice; and White-Glove Delivery, which includes assembly, connection and installation.

And to enhance the Ryder Last Mile customer experience, Ryder continues to invest heavily in visibility technology such as RyderView.MT, which allows consumers to schedule their deliveries at their convenience, then easily track their orders in real time. At point of delivery, RyderView offers electronic proof of delivery and an option for customers to complete an automated survey.

About Ryder

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation and fleet management solutions, including leasing, full 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 of the most recognized brands in the world. Ryder provides services in the United States, Mexico, Canada and the United Kingdom. Additionally, Ryder manages nearly 239,000 commercial vehicles and operates more than 330 warehouses, covering more than 80 million square feet. Ryder is consistently recognized for its leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally responsible solutions, corporate social responsibility, safety programs and world-class security, military veteran recruitment initiatives and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information contained in this press 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 taking into account the many risks and uncertainties that could cause actual results and events to differ materially from those contained in the forward-looking statements, including the risks set forth in our periodic filings with securities securities and exchange commission. New risks appear from time to time. It is not possible for management to predict all of these risk factors or to assess the impact of these 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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