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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 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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When: |
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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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.
Putting the customer first
Take a look at our feature in the most recent edition of Truck Locator
Ryder’s sales and service centre in Burton-upon-Trent is a mecca for used truck sales. Truck Locator visited to find out more.
Words: Barry Dew
Photographs: Ryder
Alrewas is a village just off the A38, halfway between Lichfield and Burton-upon-Trent; with a population of less than 3,000 in the 2011 Census, it’s surprising to find a used truck mecca on its south-eastern border: Ryder’s Sales and Service Centre for used vehicles.
Ryder Named as a Top Company for Women to Work For by Women in Trucking Association
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, recently was announced as a recipient of the 2019 “Top Companies for Women to Work For in Transportation” by Redefining the Road, the official magazine of the Women in Trucking Association (WIT). The magazine created the award to support part of WIT’s mission to promote the accomplishments of companies that are focused on the employment of women in the trucking industry.
Jonathan Mayor
(305) 500-3161
Jonathan_C_Mayor@Ryder.com
Amy Federman
(305) 500-4989
AFederman@Ryder.com
Ryder Named as a Top Company for Women to Work For by Women in Trucking Association
Ryder Awarded NACD NXT™ Recognition for Diversity and Inclusion Commitments
NACD NXT Recognizes Exemplary Board Practices Related to Diversity and Inclusion
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced it is one of five boards chosen as winners of the second annual NACD NXT™ recognition awards. The National Association of Corporate Directors (NACD) is the authority on boardroom practices, representing more than 20,000 corporate board members.
Amy Federman
(305) 500-4989
afederman@ryder.com
Susan Oliver
703-216-4078
susanboliver@gmail.com
Ryder Declares Quarterly Cash Dividend
Company Pays Dividend for 173rd Consecutive Quarter
MIAMI--(BUSINESS WIRE)--The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on December 20, 2019, to shareholders of record on November 18, 2019.
This is Ryder’s 173rd consecutive quarterly cash dividend – marking more than 43 years of uninterrupted dividend payments.
About Ryder
Media:
Amy Federman
(305) 500-4989
Investor Relations:
Bob Brunn
(305) 500-4053