Ryder Opens New Maintenance Facility in Norton, Mass, as the Company Experiences Growth in Greater Boston Area

MIAMI–(BUSINESS WIRE)–Ryder
System, Inc.
(NYSE: R), a leader in commercial fleet
management
, dedicated
transportation
, and supply
chain
solutions, recently announced the opening of a new
state-of-the-art full-service maintenance facility in Norton, MA. The
grand opening event, held in late April, featured a ribbon-cutting
ceremony and tours of the facility.


The facility opening in Norton reflects the strong growth Ryder is
experiencing in the area as the company recently outgrew its facility in
West Bridgewater, MA. The West Bridgewater location will continue to
operate, and the two will work in tandem to support the significant
customer base in the region.

“This new facility located in Norton will allow us to better serve our
growing customer base in Massachusetts,” says Dennis Cooke, Ryder
President of Fleet Management Solutions. “Its convenient location will
allow us to provide a wide array of transportation services and allows
us room to expand as we further develop our business in the region.”

The new Ryder facility, located at 60 Commerce Way, Norton, MA 02766,
offers customers convenient access to the major highways of Interstate
495, Route 24, and Route 95, servicing the greater Boston area, as well
as Cape Cod and the MetroWest region.

The greater Boston area is a top 25 growth market in the United States,
and Norton, MA, is an optimal location for serving existing and new
customers in this market, particularly companies from the seafood and
beverage industries.

Features of the New Norton Facility

The facility sits on 19.4 acres of land, features a 24,000 square-foot
building, and 13 maintenance work bays outfitted to provide maintenance
for Ryder ChoiceLease
and rental
customers. In addition, a two-lane diesel fuel service island is
available for Ryder customers.

The Norton facility also features a full-service rental counter for
businesses in need of a commercial vehicle, and a 7,300 square-foot
office that houses a rental reception and lease sales office, customer
service area, and a drivers’ lounge. The site also accommodates a 2,160
square-foot drive-thru wash bay with a fully automated truck wash
system, a lube equipment room, and a battery charging room with storage
space.

Ryder is an $8.4 billion commercial fleet management, dedicated
transportation, and supply chain solutions company, with operations in
the U.S., Canada, Mexico, and the U.K. The Company, founded in 1933,
operates behind the scenes, managing critical transportation and
logistics functions for more than 50,000 customers, many of which make
the products that consumers use every day. Ryder employs 39,600 people,
manages a fleet of more than 270,000 commercial vehicles, and operates
more than 55 million square feet of warehouse space.

For additional information on Ryder’s facility in Norton, Mass. call
508-285-4768. To learn more about Ryder’s maintenance solutions, visit https://ryder.com/solutions/fleet-maintenance.

About Ryder

Ryder is a Fortune 500® commercial fleet
management
, dedicated
transportation
, and supply
chain solutions company
. The company’s stock (NYSE: R) is a
component of the Dow Jones Transportation Average and the S&P MidCap
400® index. Ryder, which provides commercial
truck rental
, truck
leasing
, used
trucks for sale
, and last
mile delivery
services, has been named among “The World’s Most
Admired Companies” by Fortune, as well as one of “America’s Best
Employers” and “America’s Best Employers for Women” by Forbes. The
company is regularly recognized for its industry-leading practices in
third-party logistics, environmentally friendly fleet and supply chain
solutions, world-class safety and security programs, and hiring of
military veterans. For more information, visit www.ryder.com
or our newsroom,
and follow us on Facebook,
LinkedIn,
and Twitter.

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.

Contacts

Jonathan Mayor, (305) 500-3161
Jonathan_C_Mayor@Ryder.com


Amy Federman, (305) 500-4989
AFederman@Ryder.com

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