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With the Ryder Newsroom, stay up-to-date with the latest Ryder press releases and company news.
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Ryder Honored for Sustainable Supply Chain Practices
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announces that it is a recipient of the 2019 Green Supply Chain Award from Supply & Demand Chain Executive (SDCE), the executive's user manual for successful supply and demand chain transformation. The 12th annual award recognizes companies that successfully integrate environmentally conscious practices into their operations, as well as third party logistics (3PL) providers that help their customers achieve measurable sustainability goals.
Anne Hendricks
(305) 500-4547
amhendricks@Ryder.com
Amy Federman
(305) 500-4989
afederman@Ryder.com
Ryder Honored for Sustainable Supply Chain Practices
Ryder Authorizes New Anti-Dilutive Program to Repurchase Up to 1.5 Million Shares
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced that its Board of Directors has authorized a new share repurchase program to mitigate the dilutive impact of shares issued under the company's employee stock plans. The new program replaces Ryder’s previous anti-dilutive program, which expired in December 2019.
Media:
Jonathan Mayor
(305) 500-3161
Investor Relations:
Bob Brunn
(305) 500-4210
Ryder supplies 162 new DAF Euro 6 vehicles to international textile, hygiene and facilities services specialist Elis
Birmingham, UK, 13 November 2019 – Ryder, a leading independent provider of commercial vehicle rental, contract hire, and maintenance services in the UK, is supplying 162 new DAF vehicles to international textile, hygiene and facilities services specialist Elis.
This is the first heavy good vehicle (HGV) order by Elis since it acquired Berendsen, and the new vehicles are being supplied in new ‘Elis’ livery designed specifically for the UK market.
Ryder supplies 162 new DAF Euro 6 vehicles to international textile, hygiene and facilities services specialist Elis
Ryder CMO Karen Jones Named a CMO Growth Award Winner
Ryder’s chief marketing officer has been recognized for her success in implementing new strategies, tools and programs resulting in significant company growth
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced Karen Jones, executive vice president and chief marketing officer, has been named a winner for The CMO Club’s Growth Award. The 2019 CMO Growth Award is based on a marketing executive’s demonstrated leadership in the development and implementation of new strategies, tools and programs resulting in significant company growth.
Amy Federman
305-500-4989
AFederman@Ryder.com
Ryder CMO Karen Jones Named a CMO Growth Award Winner
Ryder appoints Phil Ashton as Business Development Director
Ryder, a leading independent provider of commercial vehicle contract hire, rental, and maintenance services, has appointed Phil Ashton to the position of Business Development Director.
Phil joins Ryder from trailer manufacturer Montracon, where he held the position of Sales and Marketing Director.
Prior to joining Montracon, Phil clocked up 17 years’ continuous service at Ryder as Head of Area Sales.
Ryder Chairman & CEO to Address Stephens Nashville Investment Conference
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chairman & Chief Executive Officer Robert Sanchez will present a company update at the Stephens Nashville Investment Conference.
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Who: |
Ryder System, Inc. Chairman & Chief Executive Officer Robert Sanchez |
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Stephens Nashville Investment Conference |
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Nashville, TN |
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Thursday, November 14, 2019 |
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9:45 a.m. Central Standard Time |
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Webcast: |
Amy Federman
(305) 500-4989
Afederman@Ryder.com
Bob Brunn
(305) 500-4053
Bob_Brunn@Ryder.com
Food wholesaler Spizarnia chooses Ryder for first-time contract hire to meet London ULEZ compliance
Ryder, a leading independent provider of commercial vehicle contract hire, rental, and maintenance services, has supported Polish food wholesaler Spizarnia with its first vehicle contract hire agreement for the supply of Euro 6 trucks.
“Usually I buy five-year-old vehicles on the used truck market, but with the London Ultra Low Emission Zone coming into force earlier this year, it was proving very difficult to get hold of second-hand Euro-6 vehicles,” commented Przemyslaw Duklas, Director of Spizarnia (UK).
Ryder Reports Third Quarter 2019 Revenue of $2.2 Billion, Up 3%; Earnings Impacted by Change in Residual Value Estimates
Third Quarter 2019
- Q3 GAAP EPS from Continuing Operations is a Loss of $(1.75), Down $3.48; Q3 Comparable EPS from Continuing Operations (non-GAAP) is a Loss of $(1.49), Down $3.16
- Loss Primarily Results from an Increase in Non-Cash Depreciation Expense of $3.01, Due to a Change in Vehicle Residual Value Estimates of All Power Vehicles
- Used Vehicle Market Conditions Softened in Late Q2 and Intensified Through Q3, Triggering Review and Change in Residual Value Estimates to Reflect Current Downturn and Lowered Outlook
- Most Significant Negative Impact Expected This Quarter; Impact Anticipated to Decline Each Quarter Thereafter
- Q3 Total Revenue Grows 3% to $2.2 Billion, Reflecting Growth in Fleet Management Solutions and Dedicated Transportation Solutions
- Q3 Operating Revenue (non-GAAP) Up 5% to $1.8 Billion
2019 Forecast
- Revised Full-Year 2019 GAAP EPS Forecast Range to $0.20 to $0.30; Revised Full-Year 2019 Comparable EPS Forecast Range (non-GAAP) to New Forecast of $1.00 to $1.10, Primarily Reflecting the Impact from a Change in Residual Value Estimates
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, reports total and operating revenue in the third quarter. Revenue grew in Fleet Management Solutions and Dedicated Transportation Solutions reflecting new business and higher volumes. Third quarter GAAP EPS was a loss of $(1.75) as compared to $1.73 in the prior year, reflecting an increase in non-cash depreciation expense primarily related to the change in vehicle residual value estimates.
Media
Amy Federman
(305) 500-4989
AFederman@ryder.com
Investor Relations:
Bob Brunn
(305) 500-4053
Bob_S_Brunn@ryder.com
Ryder Chairman & CEO to Address Baird Global Industrials Conference
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chairman & Chief Executive Officer Robert Sanchez will present a company update at the Baird Global Industrials Conference.
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Who: |
Ryder System, Inc. Chairman & Chief Executive Officer Robert Sanchez |
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What: |
Baird Global Industrials Conference |
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Chicago, IL |
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When: |
Tuesday, November 5, 2019 |
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8:30 a.m. Central Standard Time |
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Webcast: |
Amy Federman
(305) 500-4989
Afederman@Ryder.com
Bob Brunn
(305) 500-4053
Bob_Brunn@Ryder.com
A2B-online Transport refleets with Ryder
Ryder, a leading independent provider of commercial vehicle contract hire, rental, and maintenance services, has supplied 30 new DAF XF tractor units to transportation and shipping firm A2B-online Transport.
Based in Nacton, Ipswich, A2B-online Transport was formed in 2011 to supply UK trucking to the trailer division of its Dutch parent company A2B-online.
“The new DAF tractor units are Super Space Cabs fitted with fridges and microwaves to provide as much comfort as possible for our drivers,” said Matthew Coleman, General Manager at A2B-online Transport.