As the transportation and logistics industry continues to evolve, Ryder System, Inc. (NYSE: R) remains at the forefront of innovation, developing leading-edge solutions that enhance efficiency and operational excellence. In recognition of these efforts, Ryder has been named to the Fortune list of “America’s Most Innovative Companies” in 2025.

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Ryder has been named one of America’s Most Innovative Companies for 2025 by Fortune, recognized for its advancements in product and process innovation, as well as its strong culture of innovation. Through ongoing investments in next-generation logistics technologies, Ryder continues to drive transformation across the transportation and supply chain industries.

“To fully optimize supply chains and transportation networks, we continue to build on the $1.7 billion in strategic investments we have made since 2018 to develop, acquire, and invest in innovative customer-centric technologies, products, and services,” says Karen Jones, Ryder’s chief marketing officer and head of new product development. “This recognition from Fortune is a testament to our team’s dedication to shape the future of logistics.”

As part of its innovation strategy, Ryder actively collaborates with start-ups and technology leaders to advance solutions that support e-commerce fulfillment, warehouse automation and robotics, digital logistics platforms, artificial intelligence, and advanced vehicle technologies. These initiatives are essential in addressing the evolving demands of modern supply chains and maintaining Ryder’s position at the forefront of industry transformation.

The Fortune “America’s Most Innovative Companies” list honors 300 U.S. companies that demonstrate outstanding innovation in product development, operational processes, and corporate culture. The evaluation process includes employee and expert surveys, as well as an in-depth analysis of each company’s intellectual property portfolio. Fortune and Statista surveyed more than 40,000 employees from eligible companies and more than 2,500 industry experts to rank companies across the three categories, in addition to evaluating a company's patents within the product innovation category.

The ranking is built on three pillars:

• Product innovation: Evaluation of a company's products and services, covering aspects from attractiveness and design to usability and uniqueness
• Process innovation: Analysis of all processes of a company, from sourcing and production to marketing, sales and support
• Innovation culture: Extent to which a company fosters a spirit of entrepreneurship and creativity internally and allows employees to implement new ideas

“At Ryder, we recognize that innovation is not just about technology—it’s about finding smarter, more efficient ways to serve our customers and drive the industry forward. Over the past year, we have strengthened our supply chain solutions by expanding our capabilities in AI-driven analytics, process automation, and next-generation fleet technology. These advancements ensure our customers are well-equipped to meet the evolving challenges of modern logistics while optimizing their transportation networks for maximum efficiency,” adds Jones.

Among Ryder’s customer-centric innovations:

• RyderShare™, a one-of-a-kind, end-to-end visibility and logistics technology platform that enables everyone involved in moving goods through supply chains to work together in real-time
• RyderGyde™, the only application in the industry that allows drivers, fleet managers, and fleet owners to manage all aspects of fleets—anywhere, anytime, and on any device
• In the area of next-generation vehicles, Ryder collaborates with manufacturers of electric vehicles and charging infrastructure, as well as companies working to commercialize autonomous vehicles and logistics networks
• RyderVentures, a $50 million corporate venture capital fund, invests in and creates strategic alliances with start-ups exploring and addressing emerging technologies in the supply chain
• Baton, a Ryder Technology Lab, is an innovation hub based in Silicon Valley that develops and scales cutting-edge technologies to streamline supply chain efficiencies.

The full Fortune “America’s Most Innovative Companies” 2025 list is available via America's Most Innovative Companies 2025.

For more information about Ryder’s innovative solutions, visit www.ryder.com.

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 packaging and manufacturing, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, cross-border solutions, full-service fleet leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services to businesses across more than 20 industries throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at approximately 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; environmental management; safety, health and security programs; and recruitment and hiring initiatives. www.ryder.com

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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