Ryder System

Ryder System, Inc. operates as a logistics and transportation company. It provides supply chain, dedicated transportation and fleet management solutions. The company operates through three business segments: Fleet Management Solutions, Supply Chain Solutions and Dedicated Transportation Solutions. The Fleet Management Solutions segment provides full service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers. The Supply Chain Solutions segment provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, e-commerce and last mile, and professional services. The Dedicated Transportation Solutions segment provides turnkey transportation solutions, including dedicated vehicles, drivers, management and administrative support. The company was founded by James A. Ryder in 1933 and is headquartered in Miami, FL.

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Ryder System excels in Q4 2022, eyes tech innovation

Ryder System's strategic initiatives drove strong results in Q4 and 2022.
While facing challenges like potential recession and e-commerce slowdown, opportunities in new technologies and core earnings growth are on the horizon.
The company's focus on high teens ROE and long-term value creation remains steadfast.
Overall, Ryder anticipates growth in supply chain services and dedicated sectors.

Ryder System surpasses Q1 expectations, eyes growth in Mexico

Ryder System's Q1 2023 performance showcased resilience in a weaker freight market, driven by strategic initiatives and cautious outlook. The company aims for long-term profitable growth, focusing on organic growth, acquisitions, and shareholder returns.

Ryder System reports robust Q2 results and eyes growth opportunities

Ryder System's Q2 performance reflects strength in earnings, returns, and business segment margins, driven by a balanced growth strategy.
Despite challenges in freight conditions and lower volumes in certain sectors, the company remains optimistic about future opportunities for growth.
With a focus on optimizing asset management, enhancing returns, and capitalizing on strong vertical volumes, Ryder is poised for long-term profitable growth and shareholder value creation.

Ryder System surpasses Q3 forecasts, eyes healthcare sector expansion

Ryder System's Q3 performance exceeded expectations, driven by strong operational metrics and strategic acquisitions.
While facing challenges in rental demand and increased competition, the company remains focused on balanced growth and profitability.
With a solid foundation in place and a focus on value creation, Ryder is poised for sustained growth and resilience in earnings.

Ryder System excels in Q4 2023, eyes growth amid market challenges

Ryder System's strong performance in Q4 2023, driven by revenue growth and exceeded EPS, showcases resilience amidst market challenges. Strategic acquisitions and focus on organic growth position the company for long-term success. Despite near-term market softness, Ryder remains optimistic about future growth opportunities and earnings accretion from recent acquisitions.

Ryder System reports solid Q1 results amidst market challenges

Ryder System's Q1 2024 performance showcased resilience amidst market challenges, with strategic acquisitions driving growth. While facing hurdles like weakening used vehicle sales and decision delays, the company is poised to capitalize on opportunities in various sectors for future growth.

Ryder System reports strong Q2 results, eyes growth opportunities

Ryder System's Q2 2024 performance showcases resilience and growth amidst challenging freight conditions.
The company's strategic focus on acquisitions, operational excellence, and profitability positions it for future success.
While facing challenges in the used vehicle sales market and economic uncertainty, Ryder remains optimistic about growth opportunities.
Investors can expect improved financial metrics, increased free cash flow, and a focus on long-term value creation.

Ryder System reports resilient Q3 results amidst market challenges

Ryder System's Q3 2024 performance showcased resilience amidst market challenges, driven by key business segments
Focus on shareholder value with share repurchases and commitment to positive free cash flow
Challenges in rental fleet utilization and used vehicle sales highlight areas for operational improvement
Opportunities lie in growth forecasts, capital allocation strategies, and revenue generation from operating activities

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Ryder System, Inc. is a logistics and transportation company, which engages in providing supply chain, dedicated transportation, and fleet management solutions. It operates through the following business segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors, and trailers. The SCS segment provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, e-commerce and last mile, and professional services. The DTS segment provides turnkey transportation solutions, including dedicated vehicles, drivers, management, and administrative support. The company was founded by James A. Ryder in 1933 and is headquartered in Coral Gables, FL.

MIAMI--(BUSINESS WIRE)-- #RyderEverbetter--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces Ryder's Freight Brokerage Carrier Loyalty Program, a new points-based program for carriers with Ryder's freight brokerage division that book and track loads through the Trucker Tools app. The app provides digital trip planning, shipment visibility, predictive freight matching, and automated booking solutions.

Ryder Rolls Out Carrier Loyalty Program for Freight Brokerage

Ryder System, which has been on a string of strong earnings for the last two years even as it has forecast lower profitability in 2023, has had its debt rating upgraded by S&P Global Ratings to BBB+. The company already had an investment-grade credit at BBB.

Ryder's debt rating upgraded by S&P

MIAMI--(BUSINESS WIRE)-- #RyderEverbetter--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces that General Motors (GM) recognizes Ryder as an Overdrive award winner as part of GM's 31st annual Supplier of the Year awards. Ryder was one of 16 companies to receive an Overdrive award for 2022 during a recent event in San Antonio, Texas.

Ryder Receives 2022 Overdrive Award from General Motors

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Logistics and transportation company Ryder System Inc said on Monday it plans to add 4,000 electric vans to its lease and rental fleet through 2025, with some vehicles to be available as early as this summer.

Ryder System to add 4,000 electric vans to its fleet

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Logistics company Ryder System Inc. R, +2.53% announced Monday that it plans to add 4,000 additional electric vans from BrightDrop to its fleet through 2025. BrightDrop is a subsidiary of General Motors Co. GM, +1.92% “We aim to make fleet electrification as seamless as possible by investing in alternative vehicle solutions to offer sustainable and economic advantages for our customers,” Tom Havens, Ryder's president of fleet management solutions, said in a release.

Ryder to add 4,000 EVs from GM subsidiary BrightDrop to its fleet

BrightDrop, the electric delivery van subsidiary of General Motors, has signed on supply chain logistics company Ryder as a new customer. Ryder plans to add 4,000 BrightDrop EVs to their rental and lease fleet through 2025.

BrightDrop signs Ryder as customer, starts first Zevo 600 deliveries

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announced its plan to introduce 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its lease and rental fleet through 2025, with the first 200 to be ordered this year. Today's announcement underscores the company's ongoing efforts to meet rising demand across the transportation and logistics industries for commercial electric vehicles (EVs).

Ryder to Add BrightDrop's Electric Vehicles to Lease and Rental Fleet

MIAMI--(BUSINESS WIRE)-- #RyderEverbetter--In the "How" section of the release dated March 29, 2023, the toll-free number should read 888-204-4368 (instead of 888-352-6803) and the outside U.S. phone number should read 323-994-2093 (instead of 323-701-0225). The updated release reads: RYDER FIRST QUARTER 2023 EARNINGS CONFERENCE CALL SCHEDULED FOR APRIL 26, 2023 Ryder System, Inc.

CORRECTING and REPLACING Ryder First Quarter 2023 Earnings Conference Call Scheduled for April 26, 2023

MIAMI--(BUSINESS WIRE)-- #RyderEverbetter--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, has been named one of the Most Trustworthy Companies in America in 2023 by Newsweek. This year's list applauds 700 of the best-rated companies in trust attributes across 23 industries, with Ryder recognized among the top companies in the “Transport, Logistics & Packaging” category.

Newsweek Names Ryder One of Most Trustworthy Companies in America

MIAMI--(BUSINESS WIRE)-- #RyderEverbetter--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today provided details regarding its earnings conference call scheduled for April 26, 2023 at 11:00 a.m. Eastern Time. During the call, management will review first quarter 2023 results. The call will be webcast over the internet. What: Ryder System, Inc.

Ryder First Quarter 2023 Earnings Conference Call Scheduled for April 26, 2023

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Transport and logistics giant Ryder System Inc. said late Tuesday that it has sold its 249,000-square-foot Miami headquarters campus, where it has been located since 2005, to real estate company Bridge Industrial for $42.1 million. Ryder (NYSE: R) will remain headquartered in Miami-Dade County, where it has been based since its founding by Jim Ryder in 1933.

Ryder sells Miami headquarters campus

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today announces it has sold its Miami headquarters campus, located at 11690 N.W. 105th Street, to Bridge Industrial, a privately-owned, vertically integrated real estate operating company and investment manager. The 16.8-acre property, which has housed Ryder's 248,989-square-foot headquarters office building since 2005, was sold for $42.1 million.

Ryder Sells Miami Headquarters; Will Select New Miami-Dade Location

MIAMI--(BUSINESS WIRE)-- #RyderEverbetter--Ryder System, Inc. (NYSE: R) Chairman and CEO Robert Sanchez to address J.P. Morgan Industrials Conference. Who:     Ryder System, Inc. Chairman and CEO Robert Sanchez         What:     J.P. Morgan Industrials Conference         Where:     New York, NY         When:     Tuesday, March 14, 2023         Time:     2:50 p.m. EST         Webcast:     To access the live webcast, visit http://investors.ryder.com.   About Ryder System, Inc. Ryder System, Inc.

Ryder Chairman & CEO to Address J.P. Morgan Industrials Conference

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MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and fleet management solutions, today announced it has been recognized as one of America's Best Large Employers for 2023 by Forbes. As a top supply chain and transportation company in the logistics business, this 2023 recognition marks the fifth year Ryder has been included in the Forbes ranking.

Ryder Named Among Forbes “America's Best Large Employers” for 2023

Ryder (R) fourth-quarter 2022 earnings and revenues increase year over year.

Ryder (R) Q4 Earnings and Revenues Top Estimates, Rise Y/Y

The headline numbers for Ryder (R) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Ryder (R) Reports Q4 Earnings: What Key Metrics Have to Say

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chairman & CEO Robert Sanchez and Executive Vice President and CFO John Diez to address Citi's 2023 Global Industrial Tech and Mobility Conference. Who: Ryder System, Inc. Chairman & CEO Robert Sanchez   Ryder System, Inc. Executive Vice President and CFO John Diez     What: Citi's 2023 Global Industrial Tech and Mobility Conference     Where: Miami Beach, FL     When: Wednesday, February 22, 2023     Time: 8:50 a.m.

Ryder CEO and CFO to Address Citi's 2023 Global Industrial Tech and Mobility Conference

After a blowout 2022, Ryder System is projecting more moderate profitability in 2023, with a decline in used vehicle sales revenue as the primary reason. Ryder posted net earnings of $17.04 per share for all of 2022, and non-GAAP earnings of $16.37 per share.

Lower used truck prices will hit Ryder profitability in '23

Ryder System, Inc. (NYSE:R ) Q4 2022 Earnings Conference Call February 15, 2023 11:00 AM ET Company Representatives Robert Sanchez - Chairman, Chief Executive Officer John Diez - Executive Vice President and Chief Financial Officer Tom Haven - President of Global Fleet Management Solutions Steve Sensing - President of Global Supply Chain Solutions and Dedicated Transportation Calene Candela - Vice President, Investor Relations Conference Call Participants Jordan Alliger - Goldman Sachs Jeff Kauffman - Vertical Research Partners Scott Group - Wolfe Research Brian Ossenbeck - J.P. Morgan Allison Poliniak - Wells Fargo Todd Fowler - KeyBanc Capital Markets Justin Long - Stephens Operator Good morning and welcome to the Ryder System, Fourth Quarter 2022 Earnings Release Conference Call.

Ryder System, Inc. (R) Q4 2022 Earnings Call Transcript

Ryder (R) delivered earnings and revenue surprises of 8.06% and 3.92%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Ryder System Stock (R)