Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.
December 5, 2024Business, Equipment
Ryder Truck Rental Growth Hints at Freight Market Recovery
Business, Logistics, For-Hire, Top 100
Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue
Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.
October 24, 2024Business, Technology, Equipment, Top 100
Ryder Reports Strong Q3, Beats Expectations
Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.
October 27, 2021Business, Equipment, Top 100
Ryder Increases Dividend, Adds Maintenance Facility
Ryder System Inc. increased its regular quarterly cash dividend by 2 cents to 56 cents per share.
July 12, 2019Business
Ryder Opens Maintenance Facility in Illinois
Ryder System Inc., which specializes in commercial fleet management, dedicated transportation and supply chain solutions, has announced the opening of a full-service facility in St. Charles, Ill.
November 7, 2018Business, Equipment
Ryder Announces Truck Sharing Program to Begin Next Month
Ryder System Inc. said it began launching on April 1, in Atlanta, the first business-to-business platform where commercial motor vehicles can be shared when they are not being used by the company that owns the truck or trailer.
March 28, 2018Business
Ryder Posts 4Q Revenue Growth in All Units
Ryder System reported higher revenue growth and profits across all of its business units in the fourth quarter and full year 2017.
February 16, 2018Business, Technology
Ryder Appoints Rajeev Ravindran Chief Information Officer
Ryder System Inc. announced the appointment of Rajeev Ravindran to the position of chief information officer.
January 22, 2018Business, Technology
Ryder Sponsors Plug and Play’s Program for Startups
Ryder System Inc. announced it is sponsoring Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups in 12 verticals.
December 1, 2017Business, Technology, Autonomous
Ryder Teams With Embark, Frigidaire for Autonomous Truck Test
Ryder System Inc. teamed with autonomous technology developer Embark and consumer products manufacturer Frigidaire to run a series of autonomous-driving technology tests in October, carrying Frigidaire refrigerators 650 miles at a time, the three partners said in a statement.
November 15, 2017