Welcome to our dedicated page for Ryder System news (Ticker: R), a resource for investors and traders seeking the latest updates and insights on Ryder System stock.
Ryder System, Inc. (NYSE: R) is a Fortune 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Recognized for its industry-leading practices, Ryder boasts a significant presence in the logistics and transportation sector. The company is a proud component of the Dow Jones Transportation Average and the S&P 500 index.
Ryder operates through three core business segments:
- Fleet Management Solutions (FMS): This segment offers full-service leasing, commercial rental, and maintenance services for trucks, tractors, and trailers. Customers benefit from flexible maintenance options tailored to their needs.
- Supply Chain Solutions (SCS): Ryder provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last-mile delivery, and professional services.
- Dedicated Transportation Solutions (DTS): This segment delivers turnkey transportation solutions within the U.S., featuring dedicated vehicles, professional drivers, and comprehensive management and administrative support.
Ryder's excellence is validated by its inclusion among Fortune's World's Most Admired Companies. The company's commitment to sustainability is reflected in its environmentally-friendly fleet and supply chain solutions. Ryder’s world-class safety and security programs further underscore its dedication to quality and reliability.
Ryder is also an active corporate citizen, supporting national and local disaster preparedness and response efforts as a member of the American Red Cross Disaster Responder Program. For more information, visit www.ryder.com, or follow Ryder on its various social media platforms including Facebook, Twitter, Google+, and YouTube.
Latest News:
- June 11, 2024: Levi & Korsinsky informs shareholders about a settlement in the class action lawsuit against Ryder System, Inc. The $45,000,000 fund benefits class members who acquired Ryder stock between July 23, 2015, and February 13, 2020. For more details, visit here.
Ryder System, Inc. (NYSE: R) has launched a new drop-and-hook trailer service to enhance its freight brokerage business. This service utilizes COOP by Ryder, a peer-to-peer truck and trailer-sharing platform, providing customers access to over 6,000 trailers across the U.S. The service aims to address the current capacity shortage, offering shippers increased flexibility and efficiency while allowing vehicle owners to generate additional revenue. The platform has already shown success, with APL Cargo earning significant revenue from trailer rentals.
Ryder System, Inc. (NYSE: R) has been awarded the Miami Inno Fire Award by
COOP has expanded nationwide and introduced multiple platform enhancements since its 2018 launch.
Ryder System, Inc. (NYSE: R) has announced a record contribution of $1 million to the United Way for 2022, marking a significant milestone in its 40-year partnership. The annual workplace campaign, titled “Building a Stronger Community, Together,” witnessed increased employee participation and was conducted virtually for over 42,000 employees. The funds will support local communities focusing on health, education, and financial stability. Ryder's Chairman and CEO, Robert Sanchez, praised the efforts of employees in demonstrating a strong spirit of giving.
Ryder System, Inc. (NYSE: R) Chairman and CEO Robert Sanchez will present at the Stephens Annual Investment Conference on November 15, 2022, at 2:00 p.m. CT in Nashville, TN. The event will provide an opportunity for investors to hear insights on the company's logistics and transportation services. Ryder is recognized for its innovative practices in supply chain solutions, fleet management, and environmental initiatives. For more information, a live webcast will be available at http://investors.ryder.com.
Aurora Innovation Inc. (NASDAQ: AUR) and Ryder System, Inc. (NYSE: R) have announced a strategic collaboration to pilot on-site fleet maintenance at Aurora’s terminal in South Dallas. This partnership aims to enhance the utilization of autonomous trucks by embedding Ryder technicians to provide essential maintenance services. The initiative targets improved performance and minimizing downtime, which is crucial as Aurora anticipates increasing pilot customer hauls to 100 per week by the end of 2023. The collaboration is a significant step toward the commercialization of autonomous trucks.
No press release information is available as the story has been deleted by the news provider. Consequently, there are no relevant points, figures, or events to summarize.
Ryder System, Inc. (NYSE: R) has acquired Dotcom Distribution, enhancing its e-commerce fulfillment capabilities for high-value markets like health, beauty, and fashion. This strategic acquisition includes a 400,000-square-foot fulfillment center in Edison, New Jersey, aimed at expanding Ryder's national footprint. The experienced leadership of Dotcom, including CEO Maria Haggerty, will join Ryder to facilitate a smooth integration. Ryder aims to leverage synergies and accelerate growth in omnichannel solutions, continuing its commitment to innovation and customer satisfaction.
Ryder System, Inc. (NYSE: R) will have EVP and CFO John Diez present a company update at the Baird 2022 Global Industrial Conference in Chicago, IL, on Tuesday, November 8, 2022, at 1:45 p.m. CT. This event will provide insights into the company's logistics and transportation operations, which encompass supply chain, dedicated transportation, and fleet management services. Ryder operates over 330 warehouses and manages nearly 239,000 commercial vehicles across North America and the UK, serving various renowned brands.
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