Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, along with the Instituto Tecnológico de Monterrey, recently hosted its second annual thought leadership forum at the Hotel Camino Real in Monterrey, Mexico. The event featured an exclusive gathering of senior Mexican leaders in transportation and supply chain from various industries including food, beverage, automotive, and consumer packaged goods (CPG) who provided strategic insight, new ideas, and thought leadership.

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Dr. Edgar Blanco conducting his presentation titled "Supply Chain Innovations in Emerging Markets" a ...

Dr. Edgar Blanco conducting his presentation titled "Supply Chain Innovations in Emerging Markets" at the Ryder hosted thought leadership event. (Photo: Business Wire)

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"With U.S.-Mexico trade booming, and the near-shoring trend gaining momentum, Mexico is becoming a key strategic market in global supply chains," said Gene Sevilla, Vice President of Ryder International Supply Chain Solutions. "As a leading third-party logistics provider in Mexico, Ryder is well positioned to help customers manage their critical supply chain functions and gain a competitive edge."

During the event, a presentation titled "Supply Chain Innovations in Emerging Markets," was conducted by Dr. Edgar Blanco, Research Director in the Center for Transportation & Logistics (CTL) at the Massachusetts Institute of Technology (MIT). Dr. Blanco's presentation highlighted the importance of innovation and the types of changes currently being made in the logistics sector that are adding value to supply chains around the world.

"Today's consumers demand convenience and speed," said Dr. Blanco. "Whether it's in-store or online, pick up or same day delivery, they want more choices to get the products they want, when and where they need them, and this means companies need greater supply chain visibility, and flexible distribution networks to accommodate their needs. Supply chain operations in Mexico have a great potential to become a premier solution for various industries and businesses, especially with the inclusion of the latest advances in technology."

Ryder Mexico provides comprehensive logistics and supply chain management solutions to companies with operations in Mexico. Ryder Mexico manages more than 3.1 million square feet of warehouse and more than 3.7 million square feet of yard space in Mexico and handles more than 3,000 cross-border freight movements between the U.S. and Mexico a week. Globally, the Ryder Supply Chain Solutions business segment manages approximately 35 million square feet of warehouse space and contracts with more than 1,600 carriers in all modes of transportation in the markets it serves.

Ryder is a $6.6 billion commercial fleet management, dedicated transportation, and supply chain solutions company, with operations primarily in the U.S., Canada, Mexico and the U.K., as well as in parts of Asia. The Company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, many of which make the products that consumers use every day. Ryder employs more than 30,000 people and manages a fleet of more than 216,000 commercial vehicles.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, 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. Ryder has been named among FORTUNE's World's Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company 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 our Online Newsroom, Facebook, LinkedIn, Twitter, and YouTube.

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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