Ryder Sets New Giving Record with $1.1 Million Donation to United Way

Rhea-AI Summary

Ryder System, Inc. (NYSE: R) raises a record $1.1 million in its annual United Way workplace campaign for 2023. The campaign, organized by Ryder executives and employee volunteers, saw increased employee participation and a new giving record. The funds raised will support United Way agencies across the U.S., helping to ensure quality education and financial security for communities. Ryder's philanthropic contributions have been consistent for over 40 years, demonstrating dedication to building stronger communities.

Companywide Campaign Raises Money to Benefit United Way Agencies Across the U.S.

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the company’s annual United Way workplace campaign contributions for 2023 totaled $1.1 million—setting another record in the company’s more than 40-year history supporting United Way. The 2023 donation includes employee pledges and a contribution from the Ryder Charitable Foundation.

Ryder’s annual workplace giving campaign raises $1.1 million to benefit United Way agencies throughout the United States. (Photo: Business Wire)

Each year, the workplace giving campaign is organized by Ryder executives and employee volunteers who plan and execute five days of fundraising activities, with donations being made through an online pledge portal. For this year’s campaign, themed “Provide hope where it’s needed most,” Ryder hosted a combination of virtual and in-person fundraising activities for its more than 48,000 employees across the United States.

“It is an honor to experience Ryder employees having fun while giving back to the communities where they work and live,” says Ryder Chairman and CEO Robert Sanchez. “This year, our employees went above and beyond to demonstrate how great the spirit of giving is across the company as we saw increased levels of employee participation, leading to a new giving record of $1.1 million to the United Way to support communities across the country. Thanks to our incredible people and the leadership of our campaign chair, Steve Sensing, we are able to achieve this impactful donation.”

Funds raised from the annual company campaign are the driving force that allows United Way to respond to a community’s most complex needs, helping to ensure that all people have access to quality education and the opportunity to lead healthy and financially secure lives.

“United Way Miami and Ryder share similar visions to build stronger communities where employees live and work and improve the quality of life for all,” says Symeria Hudson, president and CEO of United Way Miami. “For more than 40 years, through our partnership, we have provided access to necessary resources that help local families thrive. Ryder, an organization renowned for its philanthropic contributions, consistently demonstrates dedication to our shared cause, and for this enduring generosity, United Way is profoundly grateful.”

“It always amazes me just how inspiring and humbling the employees at Ryder are,” adds Steve Sensing, Ryder’s president of supply chain and dedicated transportation solutions, and this year’s campaign chair. “The generosity and support that our employees display really makes the difference and sets us apart, as it truly has become imbedded into our culture at Ryder. Ryder’s support will go to educational, healthcare, and financial resiliency organizations and initiatives that are doing the most to help communities. It’s inspiring to know that friends and neighbors will receive the support they need through our contributions to the United Way.”

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, 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 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Ryder Media Contacts:

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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231129938604/en/

Ryder Media Contacts:

Jonathan Mayor, jonathan_c_mayor@ryder.com

Amy Federman, afederman@ryder.com

Source: Ryder System, Inc.

FAQ

What is Ryder System, Inc.'s ticker symbol?

Ryder System, Inc.'s ticker symbol is R on the New York Stock Exchange (NYSE).

How much money did Ryder raise in its annual United Way workplace campaign for 2023?

Ryder raised a record $1.1 million in its annual United Way workplace campaign for 2023.

How are the funds from Ryder's workplace campaign used by United Way?

The funds raised by Ryder's workplace campaign are used by United Way to respond to a community’s most complex needs, ensuring access to quality education and the opportunity to lead healthy and financially secure lives.

Who organized Ryder's annual workplace giving campaign for 2023?

Ryder executives and employee volunteers organized the annual workplace giving campaign for 2023.

What is the theme of Ryder's workplace giving campaign for 2023?

The theme of Ryder's workplace giving campaign for 2023 is 'Provide hope where it’s needed most.'