News | May 31, 2019

Ryder Continues Leadership In Pre-Owned Commercial Vehicles Sector – Launches First-Ever North America ‘Drive To Savings' Event

MIAMI--(BUSINESS WIRE)--

Ryder System, Inc. (NYSE: R), a leader in commercial fleet managementdedicated transportation, and supply chain solutions, announced its expansive “Drive to Savings” sales event, where for a limited time buyers can receive up to $15,000 off pre-owned commercial vehicles in the United States and Canada through June 30, 2019. The sales event expands on Ryder’s commitment to provide customers with the flexibility, choice, and control necessary for efficient fleet management.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190531005082/en/

Ryder offers customers pre-owned vehicle inventory in three categories: Ryder Certified, Ryder Verif ...

Ryder offers customers pre-owned vehicle inventory in three categories: Ryder Certified, Ryder Verified, and Ryder Reclassified for commercial vehicles, consisting of day cabs, sleepers, reefers, box trucks, sprinters, cargo vans, and trailers. Each vehicle option can be made available for transfer for any truck or trailer in Ryder’s nationwide inventory. (Photo: Business Wire)

There is a growing market demand for high-quality used trucks. With the largest and most reliable pre-owned commercial vehicle inventory in North America, Ryder is well-positioned to fill this gap in the market and make it easy for businesses to grow their truck fleet affordably.

“Ryder’s top priority is to continuously enhance the customer experience by making it as seamless as possible to secure the best pre-owned commercial vehicles through our used truck centers and the Ryder used truck website,” said Marc Thibeau, Senior Vice President of Global Vehicle Sales. “We’re listening to our customers who recognize the value that comes from our inventory of quality pre-owned vehicles. By making the process easier, more customers now have the opportunity to work with Ryder to meet any of their fleet needs.”

Ryder has made the process accessible and straightforward for customers, allowing potential buyers to browse vehicles online and purchase them remotely if they aren’t in close proximity to a Ryder Used Truck Center. Ryder staff is also available to consult potential buyers on the vehicle that is best suited for their respective businesses and provide a complete vehicle maintenance history report. Buyers can visit one of the 48 Ryder Used Truck Centers in North America or visit Usedtrucks.Ryder.com – an intuitive, mobile-friendly, pre-owned vehicle sales website – to purchase their used vehicle.

Ryder offers customers pre-owned vehicle inventory in three categories: Ryder CertifiedTM, Ryder VerifiedTM, and Ryder ReclassifiedTM for commercial vehicles, consisting of day cabs, sleepers, reefers, box trucks, sprinters, cargo vans, and trailers. Each vehicle option can be made available for transfer for any truck or trailer in Ryder’s nationwide inventory.

More than 95% of Ryder’s pre-owned commercial fleet has had Ryder as a single previous owner and the vehicles have been professionally maintained by Ryder technicians. To ensure protection and benefits are made simple, all Ryder CertifiedTM pre-owned vehicles are subject to a rigorous 140-point inspection prior to sale. They also come with a 30-day warranty and a complete maintenance history report. Preventative maintenance options can also be added on to a Ryder Certified or Ryder Verified vehicle purchase, giving the customer peace of mind and access to Ryder’s network of over 800 maintenance facilities.

Terms and conditions apply. See https://usedtrucks.ryder.com/en/pages/promotions for more details.

About Ryder

Ryder is a Fortune 500® commercial fleet managementdedicated 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 rentaltruck leasingused 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 FacebookLinkedIn, 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.


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