Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today announced its updated Fleet Buy-Out Program that allows customers to trade in their fleet and then lease new trucks through Ryder’s leasing program. Subject to the terms of the program, Ryder will purchase used commercial vehicles in a one-for-one leasing exchange with competitive offers and a guaranteed sale. The Ryder Fleet Buy-Out Program offers customers the ability to use trucks they own to free up capital, save money, and eliminate complexity associated with ownership. (Photo: Business Wire) The program offers customers the ability to use trucks they own to free up capital, save money, and eliminate complexity associated with ownership. In addition, based on...

Fourth Quarter 2020 Total revenue of $2.2 billion, down 3% reflecting lower fuel revenue Operating revenue (non-GAAP) of $1.8 billion, unchanged as higher revenues in supply chain were offset by lower revenues in fleet management and dedicated businesses GAAP EPS from continuing operations of $0.48 versus a loss of $(1.02) in prior year, primarily reflecting improved results in used vehicle sales (including gains), lease, and rental Comparable EPS (non-GAAP) from continuing operations of $0.83 (includes $0.38 one-time expense for frontline employee bonus) versus a loss of $(0.01) in prior year Full year 2020 operating cash flow was $2.2 billion and free cash flow was $1.6 billion 2021 Outlook GAAP EPS forecast of $4.18 - $4.68; comparable EPS (non-GAAP) forecast of $4.15 - $4.65 Operating...

Ryder System, Inc. (NYSE: R) Chairman and Chief Executive Officer Robert Sanchez will present a company update at Citi's 2021 Global Industrials Virtual Conference. Ryder System, Inc. Chairman and Chief Executive Officer Robert Sanchez (Photo: Business Wire)...

Company Pays Dividend for 178th Consecutive Quarter The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on March 19, 2021 to shareholders of record on February 16, 2021. This is Ryder’s 178 th consecutive quarterly cash dividend – marking more than 44 years of uninterrupted dividend payments. About Ryder Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight...

Ryder offers workers paid time off to get the coronavirus vaccine Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and fleet management solutions, today announces the company will pay up to six hours of paid time off (PTO) to Ryder employees to receive the COVID-19 vaccine. This will include three hours of PTO for the first vaccine and an additional three hours of PTO for those treatments that require a second dose to complete the vaccination process. Ryder incentivizes its employees with paid time off to get the COVID-19 vaccine as the company is committed to maintaining a healthy workforce. (Photo: Business Wire) Ryder is committed to creating a healthy workforce; one that allows our employees to feel safe and secure when carrying out their jobs. “The...

Ryder and the Ryder Charitable Foundation are proud to announce the winner of the 2020 Driven to Give Award. The award honors an employee for extraordinary and inspiring volunteer service to help make their community and the world better. Meet Jerry LaFemina, National Account Field Maintenance Manager, a Ryder employee for 39 years, who in a year like no other, was determined to make a difference and inspired us all....

Continuing to deliver on its mission of making trucks easy to share COOP by Ryder®, the leading truck and trailer sharing platform that connects fleet owners with idle vehicles to trusted businesses in need of rental vehicles, today announced expansion to three new markets: California, Tennessee, and North Carolina. The expansion strengthens COOP’s footprint and further advances its position across the United States, after successfully rolling out the program in Georgia, Florida, and Texas. COOP expands insurance program to 34 states, enabling existing customers with large fleets across multiple markets to leverage the platform wherever they operate. (Photo: Business Wire) “COOP has scaled quickly and we are seeing rapid adoption of the truck and trailer sharing concept,” says Romain...

Devizes, UK, 18 January 2021 – Ryder, a leading independent provider of commercial vehicle contract hire, rental and maintenance services across the UK, is continuing with the expansion of its Devizes, Wiltshire operation and creating more local employment opportunities within its FleetCare business. The FleetCare division plays a vital role in maintaining Ryder’s 20,000 leased trucks and trailers by managing and overseeing Ryder’s 380-strong network of approved third-party maintenance providers. Ryder is now recruiting for a further four Fleet Maintenance Engineers to join its FleetCare team based at Devizes. Interestingly these new positions are office-based, so ideal for HGV-qualified technicians who are looking to hang up their overalls, says Ryder. “We are looking for people with...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, has been named by Newsweek to its annual list of “ America’s Most Responsible Companies ” for 2021. For the second consecutive year of the list, Ryder is being recognized for its ongoing commitment to corporate social responsibility (CSR) efforts related to its environment, social, and corporate governance (ESG) initiatives. For the second consecutive year, Ryder has been named by Newsweek to its annual list of “America’s Most Responsible Companies” for 2021 recognizing the company’s ongoing commitment to corporate social responsibility efforts related to its environment, social, and corporate governance initiatives.(Graphic: Business Wire) “Ryder always strives...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today provided details regarding its earnings conference call scheduled for February 11, 2021 at 11:00 a.m. Eastern Time. During the call, management will review fourth quarter 2020 results. The call will be webcast over the internet. Ryder System, Inc. is a leading logistics and transportation company that provides supply chain, dedicated transportation, and commercial fleet management solutions to some of the world’s most-recognized brands. (Photo: Business Wire)...