Mr. Sensing’s appointment to take effect March 31, 2015

Ryder System, Inc. (NYSE:R), a leader in commercial fleet management and supply chain solutions, announced today that Steve Sensing will be appointed President of Global Supply Chain Solutions (SCS). Mr. Sensing’s appointment will take effect on March 31, 2015 concurrent with the retirement of Ryder’s Global Supply Chain Solutions President John Williford, which was announced in August of 2014.

As previously disclosed, following Mr. Williford’s retirement, the Company will align the SCS organization into two separate reporting segments to increase the focus on the industry groups served within SCS and elevate the profile of the Ryder Dedicated product line. In August 2014, it was announced that the dedicated services business would be led by John J. Diez in the new role of President of Ryder Dedicated, reporting directly to Chairman and Chief Executive Officer Robert E. Sanchez. Today’s appointment confirms that all other supply chain business will be consolidated under the leadership of Mr. Sensing in his new role as President of Global Supply Chain Solutions, also reporting directly to Mr. Sanchez. In his new role, Mr. Sensing will be responsible for management, operations, sales, and the financial performance of Ryder’s SCS business segment.

“Steve’s impressive career and leadership at Ryder have added tremendous value to the Company. I am confident that his knowledge and expertise will help to pave the way for continued innovation, growth and development within the SCS business,” said Ryder Chairman and Chief Executive Officer, Robert Sanchez.

Prior to his new role at Ryder, Mr. Sensing was the Vice President and General Manager of the High-Technology industry group for the SCS business segment of Ryder. In this role, Mr. Sensing served customers in the electronics, telecommunications, medical, technology, appliance manufacturing and retail industries. His responsibilities included strategic planning, developing new products and services, and leading tactical execution for global operations.

Previously, Mr. Sensing served as Group Director of Operations for Ryder’s hi-tech and electronics customers in the United States. His responsibilities included overseeing the tactical execution of integrated supply chains for multiple customers, expanding sales, and integrating complex information systems into daily operations.

With a Ryder career spanning more than 20 years, Mr. Sensing joined the Company in 1992 as General Manager leading the operations of Ryder Dedicated solutions for regional accounts. He subsequently served in a variety of positions of increasing responsibility, including Group Manager for Ryder Dedicated; Director of Customer Logistics, Distribution Management; and Director of Operations for Ryder Integrated Supply Chain Solutions. His experience includes overseeing the development and operation of Ryder solutions in dedicated transportation, transportation management, network optimization, distribution management, sales, operations, engineering, LEAN, and IT.

Mr. Sensing earned his Bachelor of Science degree in Business Administration, majoring in Logistics and Transportation, from the University of Tennessee in Knoxville. Other educational pursuits have included executive courses in strategic innovation at the Owen Graduate School of Management at Vanderbilt University. Mr. Sensing is a member of the Eye for Transport's Hi-Tech & Electronics Supply Chain Advisory Board and a member of Stanford’s Global Supply Chain Management Forum.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and green supply chain partner. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, 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.

Ryder System, Inc.
Cindy Haas, 305-500-4526
Cindy_Haas@Ryder.com
or
Jennifer Hanlon, 305-500-4547
Jennifer_A_Hanlon@Ryder.com