Market Overview

Ryder Executive Mel Kirk to Speak at 2018 Steel Market Update's (SMU) Steel Summit Conference

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Ryder
System, Inc.
(NYSE:R), a leader in commercial fleet
management
, dedicated
transportation
, and supply
chain
solutions, today announced that Mel Kirk, Chief Technology
Officer for Ryder Fleet Management Solutions, will speak at the 2018 SMU
Steel Summit Conference
, which will be held August 27-29 at the
Georgia International Convention Center in Atlanta, GA. Mr. Kirk
oversees the Advanced Vehicle Technology and Product Teams for Ryder's
Global Fleet Management Solutions division and guides the strategic
position and development of new fleet products.

On August 28th, Mr. Kirk will participate in the
"Transportation: Dealing with the Priority Issues" panel where he will
discuss industry trends, including the topic of advanced vehicle
technologies in commercial transportation. Mr. Kirk will also discuss
current challenges in the transportation industry including capacity
constraints and the driver shortage. In addition, Mr. Kirk will provide
insight on the timeline of adoption for evolving and new technologies
which are forecasted to alleviate the issues facing today and tomorrow's
transportation landscape.

As the premier steel conference in North America, the summit aims to
bring together experts in the fields of economics, market analysis,
banking, commodities, international trade, regulation, steel,
automotive, construction, and energy markets to discuss what is on the
horizon for the North American Steel Market.

Ryder's investment in emerging technology and the relationships built
with providers and manufacturers has positioned the Company as an
industry leader in providing innovative solutions that deliver greater
functionality, usability, and adaptability for the steel industry.

Additionally, as the transportation landscape becomes more challenging
in the metals industry, a Ryder
Dedicated Transportation Solution
provides businesses with a
modernized fleet, drivers, maintenance, management, and an on-site
logistics manager who works with them to ensure their transportation
network is optimized. As a result, customers benefit from best-in-class
customer service, reliability, and on-time delivery.

To learn more about Ryder's Advanced Vehicle Technology Solutions, visit https://ryder.com/solutions/fleet-leasing/advanced-vehicle-technology.

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
S&P MidCap 400® 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
and social media pages: 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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