Ryder System, Inc. (NYSE: R) President of Global Supply Chain Solutions Steve Sensing will discuss transportation in a post COVID-19 world during the Autotech Ventures webinar where a group of industry experts will examine “Transportation in a Post COVID-19 World: Examining Threats and Opportunities.” As a panelist, Mr. Sensing will discuss how the transportation industry is adapting to pandemic impacts, as well as long-term opportunities Ryder expects to see in the logistics and supply chain industry including e-commerce networks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200521005640/en/ Ryder President of Global Supply Chain Solutions Steve Sensing. (Photo: Business Wire)...

Devizes, UK, 20 May 2020 – Ryder, a leading independent provider of commercial vehicle rental, contract hire, and maintenance services across the UK, is expanding its Devizes operations and creating new local employment opportunities within its FleetCare business. As part of Ryder’s nationwide office and workshop network, Devizes is a key operational centre for supporting the company’s 20,000 rental and leased vans, trucks and trailers with nationwide maintenance support, a 24/7 National Breakdown Service, and a large team of qualified maintenance and service technicians, engineers and customer service co-ordinators. Ryder has recently invested in a substantial refurbishment and telecommunications upgrade of its Devizes location to accommodate the expansion of its FleetCare operations....

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today announced that it has added food-grade capabilities to its e-commerce fulfillment network, including a new facility near Philadelphia, as well as added food grade capabilities to two additional facilities within the network to meet evolving consumer buying trends. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200520005167/en/ With food safety paramount to Crew Bottle Co., the company chose Ryder’s FDA-certified e-commerce fulfillment facility near Los Angeles, where a Ryder employee inspects inventory inside protective wrapping. (Photo: Business Wire) “Now more than ever, people have become even...

Ryder System, Inc. (NYSE: R) Executive Vice President and Chief Financial Officer Scott Parker will present a company update at the Wolfe Research Virtual Global Transportation & Industrials Conference....

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced it has issued $400 million of senior unsecured medium-term notes due September 2025. The transaction closed on May 7, 2020. The company will be using the proceeds from the offering to refinance a $300 million public bond maturing today, May 11, 2020, as well as for working capital and other general corporate purposes. As of the close of business today, May 11, 2020, Ryder has total committed liquidity available of $1.8 billion. This liquidity includes an available cash balance in the United States of approximately $800 million, approximately $900 million available under Ryder’s $1.4 billion global revolving credit facility which expires in...

Goodwill South Florida has converted a portion of its sewing operations to manufacture 20,000 masks for employees at Ryder System, Inc. (NYSE: R), a global transportation and logistics company, to wear as they support the flow of essential goods and services needed in the fight against COVID-19. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200506005754/en/ Goodwill South Florida to manufacture 20,000 masks for Ryder employees to wear as they support the flow of essential goods and services needed in the fight against COVID-19. (Photo: Business Wire) “James Ryder was one of three founders of Goodwill some 60 years ago, so when we got the call from Ryder asking if we could help produce scarce personal protective equipment for...

Company Pays Dividend for 175th Consecutive Quarter 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 June 19, 2020, to shareholders of record on May 18, 2020. This is Ryder’s 175 th consecutive quarterly cash dividend – marking more than 43 years of uninterrupted dividend payments. About Ryder Ryder is a Fortune 500® commercial fleet management, dedicated transportation, and supply chain solutions company. The company’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder, which provides commercial truck rental, truck leasing,...

First Quarter 2020 Q1 total revenue of $2.2 billion, down 1%; Q1 operating revenue (non-GAAP) of $1.8 billion, up 1% Q1 GAAP EPS from continuing operations loss of $(2.09) versus a profit of $0.87 in prior year, reflects the impacts of previously announced change in residual value estimates and COVID-19 Q1 comparable EPS (non-GAAP) from continuing operations loss of $(1.38) versus a profit of $1.11 in prior year Overall operating results were well ahead of management's expectations through mid-March Estimated negative pre-tax earnings impact of COVID-19 in first quarter of approximately $70 million, primarily due to $48 million of additional depreciation resulting from an expected weaker used vehicle sales environment through year end 2020 Business Updates and Impacts of COVID-19...

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced it has renewed its $300 million receivable-backed financing facility with two large banks for an additional 364 day period, further enhancing its solid liquidity position. The receivables-backed financing facility, which is a supplement to Ryder’s larger $1.4 billion multi-year revolving credit facility, will be used for working capital and other general corporate purposes of Ryder and its subsidiaries. “With this transaction, Ryder continues to enhance its solid liquidity position by capitalizing on its long-term commercial banking partnerships,” said Dan Susik, Ryder Senior Vice President – Finance & Treasurer. MUFG Bank, Ltd. acted as...

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today it has changed its 2020 Annual Meeting of Shareholders (the “Annual Meeting”) from an in-person meeting to a virtual-only meeting in response to the current public health guidance regarding the coronavirus (COVID-19) pandemic and out of an abundance of caution for the safety of participants. There will be no physical meeting, and shareholders will not be able to attend the Annual Meeting in person. Ryder intends to return to in-person annual meetings in future years after public health conditions have improved. Shareholders of record as of the close of business on March 6, 2020 can find additional details regarding participation in the Annual...