Ryder honored as a 2024 VETS Indexes Recognized Employer

Rhea-AI Summary

Ryder System, a leader in supply chain and fleet management solutions, has been honored as a 2024 VETS Indexes Recognized Employer. The award recognizes Ryder's commitment to hiring, retaining, and supporting veterans and the military-connected community. Ryder has hired over 15,300 veteran employees in the U.S. since 2011 and offers various programs to support veteran hiring initiatives. The company also provides military discounts to its customers, showcasing its dedication to the veteran community.

Positive

• Ryder honored as a 2024 VETS Indexes Recognized Employer, showcasing the company's commitment to hiring, retaining, and supporting veterans.

• Ryder has hired over 15,300 veteran employees in the U.S. since 2011, demonstrating a strong dedication to veteran employment.

• Ryder offers various programs such as the Veteran Buddy Program and the Pathway Home program to support veterans transitioning to civilian life.

Negative

• Increased competition for the VETS Indexes Employer Awards in 2024 indicates a growing challenge in standing out among other organizations.

• Ryder's commitment to veteran hiring and support may require ongoing resources and efforts to maintain its recognition and programs.

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, has earned the designation as a VETS Indexes Recognized Employer in the 2024 VETS Indexes Employer Awards. The award recognizes Ryder’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community.

The VETS Indexes Employer Award recognizes Ryder’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. (Graphic: Business Wire)

“Ryder is proud to employ so many members of the veteran community and to recognize the disciplined, quality professionals whose skill sets match well with many roles in our company,” says Robert Sanchez, chairman and CEO for Ryder. “Veterans possess distinct skills learned through military service, including integrity and the ability to follow through on commitments, which are vital to delivering on our promises to customers. Ryder is honored to be recognized by VETS Indexes, but more importantly, we are proud of the veterans who work at Ryder and extend our deepest gratitude to all veterans for their service, sacrifice, and dedication.”

“The diligent efforts of Ryder to hire, retain, and support veterans and the military-connected community have earned the organization a highly coveted VETS Indexes Employer Award,” says George Altman, president of VETS Indexes. “Competition for the VETS Indexes Employer Awards was tougher than ever in 2024, as a record number of organizations participated. Even with hundreds of employers in the running, Ryder demonstrated a strong dedication to veteran employment. Congratulations to Ryder on this achievement.”

This year, 344 organizations submitted surveys for the VETS Indexes Employer Awards, an increase of more than 100 from last year and nearly triple the number from two years ago. Only those that demonstrated a strong commitment to veterans, members of the National Guard and Reserves, and military spouses. Participating organizations included companies, government agencies and departments, nonprofit groups, colleges, and universities.

Veteran Hiring Initiatives at Ryder

Ryder has long been committed to recruiting military veterans. The company has hired more than 15,300 veteran employees in the United States since joining the U.S. Chamber of Commerce’s Hiring our Heroes program in November 2011.

Ryder’s Veteran Buddy Program pairs Ryder employees who are military veterans with new veteran employees. The program is designed to help ease the transition from military to civilian life, which can be a major challenge for recently separated veterans returning to the workforce.

Ryder also participates in the Pathway Home program, which helps ease the transition to civilian life for U.S. soldiers through a 12-week diesel maintenance technician training course and offers employment opportunities as a Ryder technician upon completion of the training.

Jobs at Ryder

Veterans interested in Ryder careers can visit Ryder Veterans Jobs, where they can match their skills with open positions in the company.

Ryder Military Discount

Additionally, the company offers military discounts to its customers with its latest program around used commercial vehicles. Ryder provides 10% off the advertised price of a used vehicle to veterans, active military, and reservists. Visit Ryder Used Trucks for Sale for terms and conditions and to learn more.

Ryder is regularly recognized for its industry-leading practices. Additional information about Ryder’s corporate responsibility initiatives can be found at www.ryder.com/sustainability.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract manufacturing and packaging, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, nearshoring solutions, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; corporate responsibility; environmental management; safety, health and security programs; military veteran recruitment initiatives; and the hiring of a diverse workforce. www.ryder.com

About VETS Indexes: VETS Indexes is a leading voice on veteran employment issues, overseeing the VETS Indexes Employer Awards, hosting the Employing U.S. Vets Conference, unearthing unique and unprecedented data on veteran employment through the Veteran Employment Benchmarking Service, and developing custom indexes, linked to financial products, that track the performance of the publicly traded companies that have established themselves as the best employers for veterans. As the world’s first resource for U.S.-veteran-themed indexes, their mission is to provide innovative solutions that recognize the value created by the mission-critical mindset, unique skills, and specialized training that veterans bring to the workplace. Their mission also includes a commitment to always donate a significant portion (target of 20% and no less than 5%) of our net profits to charitable organizations that support veterans and their families.

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, including our expectations with respect to employee hiring and training, 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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View source version on businesswire.com: https://www.businesswire.com/news/home/20240501552738/en/

Ryder Media Contacts:

Jonathan Mayor, jonathan_c_mayor@ryder.com

Amy Federman, afederman@ryder.com

Source: Ryder System, Inc.

FAQ

How many veteran employees has Ryder hired in the U.S. since 2011?

Ryder has hired over 15,300 veteran employees in the U.S. since joining the U.S. Chamber of Commerce's Hiring our Heroes program in November 2011.

What programs does Ryder offer to support veterans transitioning to civilian life?

Ryder offers programs such as the Veteran Buddy Program and the Pathway Home program to help veterans ease the transition to civilian life.

What discount does Ryder offer to veterans, active military, and reservists?

Ryder provides a 10% military discount off the advertised price of a used vehicle to veterans, active military, and reservists.