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 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.
Ryder System reported a robust third-quarter 2022 performance, with GAAP EPS from continuing operations at $4.82, up from $2.58 a year ago. Total revenue reached $3.0 billion, an increase of 23%, driven by gains across all business segments, notably a 50% rise in supply chain solutions. The company raised its full-year EPS forecasts, anticipating GAAP EPS between $16.40 and $16.60. Free cash flow estimates also increased to $800 million - $900 million. Ryder’s balance sheet remains strong, facilitating targeted acquisitions and shareholder returns.
Ryder System, Inc. (NYSE: R) has declared its 185th consecutive quarterly cash dividend of
Ryder System, Inc. (NYSE: R) announced that Karen Jones, EVP and CMO, received the 2022 Women in Supply Chain award from Supply & Demand Chain Executive. This award recognizes female leaders for their mentorship and achievements in supply chain management. Jones is noted for her innovation in developing RyderShare™, a real-time visibility and collaboration platform, and COOP by Ryder®, the largest truck-sharing platform. Ryder continues to emphasize diversity as a core value to foster new ideas and solutions.
Ryder System, Inc. (NYSE: R) will host its third quarter 2022 earnings conference call on October 26, 2022, at 11:00 a.m. Eastern Time. The call will be led by Chairman and CEO Robert Sanchez and CFO John Diez, and will be available via live webcast. Interested participants can join by registering online or by calling toll-free numbers. A replay of the conference call will also be accessible within 24 hours on the company's investor website. Ryder is recognized for its logistics and transportation services, operating over 330 warehouses globally.
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