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Chris Johnson awarded $50,000 grand prize in best-of-the-best competition of truck maintenance mastery Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, has bestowed the honor of its 2022 Ryder Top Technician to Chris Johnson of Annacis Island, British Columbia along with a cash prize of $50,000. The Ryder Top Technician (“Top Tech”) Skills Competition brings in the most elite technicians from Ryder’s locations in the United States and Canada. This year’s competition was held at the Wisconsin Center to put the finalists’ commercial vehicle maintenance skills to the test in a series of challenges. Chris Johnson of Ryder’s Annacis Island, British Columbia, location was crowned the 2022 Ryder Top Tech and received a cash prize...

Second Quarter 2022 GAAP EPS from continuing operations of $4.72 versus $2.78 in prior year driven primarily by significantly higher results in Fleet Management Solutions Comparable EPS (non-GAAP) from continuing operations of $4.43 versus $2.40 in prior year Total revenue of $3.0 billion and operating revenue (non-GAAP) of $2.3 billion up 27% and 20%, respectively, reflecting organic revenue growth in all business segments and Supply Chain Solutions acquisitions Full-Year 2022 Forecast Increased GAAP EPS forecast to $14.45 - $14.95 from $13.23 - $14.23 Increased comparable EPS (non-GAAP) forecast to $14.30 - $14.80 from $13.40 - $14.40 Adjusted ROE (ROE) forecast revised to 25% - 26% from 24% - 26% Net cash provided by operating activities from continuing operations forecast of $2.3...

Recognized for 14 consecutive years, the distinction underscores Ryder’s commitment to efficiency and sustainability Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces it has been named as a “Green Supply Chain Partner” in the annual Inbound Logistics “G75” special section for the 14th consecutive year. This award recognizes the 75 leading third-party logistics providers that demonstrate a deep commitment to efficiency and sustainability. Ryder named a “Green Supply Chain Partner” in the annual Inbound Logistics “G75” special section for the 14th consecutive year. (Photo: Business Wire) “As a leader in transportation and logistics, Ryder is uniquely positioned to reduce the environmental impacts of our own...

Company Pays Dividend for 184th Consecutive Quarter The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, yesterday declared a regular quarterly cash dividend of $0.62 per share of common stock to be paid on September 16, 2022 to shareholders of record on August 22, 2022. This dividend reflects an increase of $0.04 from the $0.58 cash dividend that Ryder had been paying since July 2021. This is Ryder’s 184 th consecutive quarterly cash dividend – marking more than 46 years of uninterrupted dividend payments. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions,...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces that it is a recipient of Verizon’s 2022 Supplier Environmental Excellence Award for innovative green initiatives that are enabling the communication technology company to meet its supply chain sustainability goals. Ryder receives Verizon’s 2022 Supplier Environmental Excellence Award for innovative green initiatives that help reduce environmental impacts for its customers and its own operations. (Photo: Business Wire) “Ryder is an exceptional collaborator in helping us meet our business requirements with the outstanding progress of the scrap obsolescence recycling programs at our Alburtis, Pennsylvania distribution center,” says James J. Gowen, chief...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today provided details regarding its conference call scheduled for July 27, 2022, at 11:00 a.m. Eastern Time. During the call, management will review second quarter 2022 results. The call will be webcast over the internet....

With a newly opened office in Nashville, Tennessee, Ryder rolls out plans to expand its freight brokerage operations in key U.S. logistics hubs Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the expansion of its freight brokerage business with a new office in Nashville, Tennessee—a burgeoning U.S. logistics hub—followed by two additional locations planned to open in 2023. The expansion is part of the company’s strategy to grow its broader transportation solution, which offers customers flexibility with several levels of service and capacity, from freight brokerage to transportation management and dedicated transportation . Ryder announces plans to expand its freight brokerage business as part of its strategy to...

Highlights Balanced Growth Strategy to Drive Long-term Shareholder Value Communicates Clear Financial Strategy to Deliver Improved Returns Increases Second-Quarter 2022 and Full-Year 2022 Forecasts Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, will host an Investor Day in New York City today, Friday, June 3, 2022 starting at 8:30 a.m. EST. The event is expected to conclude at approximately 12:00 p.m. EST. Chairman and CEO Robert Sanchez, EVP and CFO John Diez, along with other members of the senior leadership team, will provide an in-depth review of Ryder’s business drivers and long-term growth strategies, including innovative products, industry-leading technology, and capital allocation. In conjunction with Ryder’s...

Strategic expansion focuses on growing population centers as demand remains high for e-commerce fulfillment of big-and-bulky goods Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the further expansion of Ryder Last Mile, its customizable, multi-tiered delivery solution for big-and-bulky goods. With new distribution centers in the Nashville, Tennessee and Boise, Idaho areas—two of the top 20 fastest growing metropolitan areas in the U.S.—Ryder addresses the growing need for last-mile delivery services for large appliances, furniture, exercise equipment, and more, as populations shift with the ability to work remotely. With new distribution centers in the Nashville, Tennessee and Boise, Idaho areas, Ryder...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today confirmed that it has received an unsolicited indication of interest from HG Vora Capital Management, LLC to acquire all of the outstanding shares of Ryder not currently owned by HG Vora for $86.00 per share in cash. Ryder is a leader in supply chain, dedicated transportation, and fleet management solutions. (Photo: Business Wire) Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Ryder Board of Directors will carefully review and evaluate the indication of interest to determine the course of action that it believes is in the best interest of the Company and its shareholders. Morgan Stanley & Co. is acting as...