Newsroom

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...

Company Pays Dividend for 183rd 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 $0.58 per share of common stock to be paid on June 17, 2022 to shareholders of record on May 23, 2022. This is Ryder’s 183 rd consecutive quarterly cash dividend – marking more than 45 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, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services,...

First Quarter 2022 GAAP EPS from continuing operations of $3.35 versus $0.97 in prior year, reflecting significantly improved results in Fleet Management Solutions and higher results in Dedicated Transportation Solutions Comparable EPS (non-GAAP) from continuing operations of $3.59 versus $1.09 in prior year Total revenue of $2.9 billion and operating revenue (non-GAAP) of $2.2 billion up 28% and 22%, respectively, reflecting revenue growth in all business segments and Supply Chain Solutions acquisitions Full-Year 2022 Forecast Increase GAAP EPS forecast to $12.83 - $13.83 from $10.40 - $11.40 Increase comparable EPS (non-GAAP) forecast to $13.00 - $14.00 from $11.00 - $12.00 Adjusted ROE (ROE) forecast of 23% - 25% Net cash provided by operating activities from continuing operations...

The omnichannel facility is part of Ryder’s new supply chain offering ‘Ryder E-Commerce by Whiplash’—backed by best-in-class technology and a proven operating platform Ryder opens third multiclient distribution center in Columbus, Ohio. The omnichannel facility is part of Ryder’s new supply chain offering Ryder E-Commerce by Whiplash, supported by best-in-class technology and a proven operating platform. MIAMI, April 25, 2022 – Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the opening of a third multiclient omnichannel distribution center in Columbus, Ohio, a key region for e-commerce fulfillment. At nearly 440,000 square feet, the facility is the largest Ryder e-commerce distribution center in the Columbus...

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 April 27, 2022, at 11:00 a.m. Eastern Time. During the call, management will review first quarter 2022 results. The call will be webcast over the internet....

Women In Trucking honors six Ryder employees for their significant career accomplishments and support of women in the transportation industry Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announced today that six leaders at Ryder are being recognized as part of the 2022 “Top Women to Watch in Transportation” list by the Women In Trucking Association (WIT). Each year, WIT acknowledges women who are top performers in the industry who not only have had significant career accomplishments in the last year, but go the extra mile to support other women and help to improve gender equality at their own companies and/or industrywide. The fifth annual “Top Women to Watch in Transportation” list by the Women In Trucking Association...