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Ryder System, Inc. - R STOCK NEWS

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.
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Ryder System, Inc. (NYSE: R) announced its definitive agreement to acquire Whiplash for $480 million in cash. This strategic move aims to enhance Ryder's e-fulfillment network, adding Whiplash's 19 warehouses across nearly seven million square feet. The acquisition is projected to contribute approximately $480 million in gross revenue and incremental earnings growth in 2022. Completion is expected by late December 2021 or early January 2022, pending antitrust approvals.

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Blackline Cold Storage has partnered with Ryder System (NYSE: R) to manage operations at its new 298,000 square foot cold storage facility in Houston, TX. This state-of-the-art development aims to address the increasing demand for cold storage amid supply chain challenges. With features like segregated temperature zones and rail connectivity, the facility promotes operational efficiency and customer satisfaction. Blackline's CEO emphasized the strategic importance of this collaboration as they prepare for a launch in the first quarter of 2022.

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Ryder System, Inc. (NYSE: R) will be represented by Executive Vice President and CFO John Diez at the Stephens Annual Investment Conference in Nashville, TN, on December 2, 2021, at 11:00 a.m. CST. This conference presents an opportunity for Ryder to discuss its business strategies and financial performance. Investors and interested parties can access the live webcast through Ryder's investor relations page.

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Ryder System, Inc. (NYSE: R) recognized Wade Robinson as the 2021 Ryder Top Technician, awarding him a cash prize of $50,000. The announcement came during the 20th annual Ryder Top Technician Recognition Program, held at the Kentucky International Convention Center in Louisville. This competitive event highlighted the skills of over 5,400 eligible technicians from the U.S. and Canada, emphasizing the importance of technical training for maintaining Ryder's fleet of over 235,000 vehicles. Each finalist, including Robinson, received a $10,000 cash prize.

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Ryder System, Inc. (NYSE: R) announced a record $900,000 in contributions for its 2021 workplace campaign supporting United Way. This marks a significant achievement in the company’s 40-year partnership with the organization. The virtual campaign engaged nearly 40,000 employees across the U.S. and was led by the Ryder Charitable Foundation. Funds raised are allocated to programs focused on health, education, and financial stability. Ryder's commitment to community service was highlighted, demonstrating corporate social responsibility despite ongoing pandemic challenges.

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Ryder System, Inc. (NYSE: R) will present a company update at the Baird 2021 Global Industrial Conference on November 11, 2021, at 11:25 a.m. ET. The update will be delivered by Chairman and CEO Robert Sanchez, focusing on key developments and strategies within the logistics and transportation sector. The virtual presentation will be accessible via a live webcast on Ryder's investor relations website.

Ryder is recognized for its extensive services in supply chain, transportation, and fleet management, operating nearly 235,000 commercial vehicles and over 300 warehouses globally.

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Ryder System, Inc. (NYSE: R) has released a groundbreaking data-driven study on the impact of autonomous trucking, in collaboration with Georgia Tech's H. Milton Stewart School of Industrial and Systems Engineering. The study outlines a roadmap for commercialization that could lead to cost savings of 29% to 40% by optimizing routing and dispatching. By analyzing Ryder’s dedicated transportation network, researchers developed an Autonomous Transfer Hub Network, significantly reducing costs associated with empty trailers and labor. This study emphasizes real-world applicability and the need for industry evolution to fully utilize autonomous technology.

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FAQ

What is the current stock price of Ryder System (R)?

The current stock price of Ryder System (R) is $155.66 as of December 20, 2024.

What is the market cap of Ryder System (R)?

The market cap of Ryder System (R) is approximately 6.6B.

What services does Ryder System, Inc. provide?

Ryder offers fleet management, dedicated transportation, and supply chain solutions including full-service leasing, commercial rental, logistics, and turnkey transportation.

Is Ryder System, Inc. a Fortune 500 company?

Yes, Ryder System, Inc. is a Fortune 500 company.

What index is Ryder System, Inc. a part of?

Ryder is a component of the Dow Jones Transportation Average and the S&P 500 index.

What are the main business segments of Ryder?

Ryder operates through Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS).

Has Ryder received any industry recognition?

Yes, Ryder has been named among Fortune's World's Most Admired Companies and is recognized for its third-party logistics, environmentally-friendly solutions, and safety programs.

What is the recent news about Ryder System, Inc.?

Recently, a settlement of $45,000,000 was announced in the class action lawsuit against Ryder, benefiting shareholders who acquired stock between July 23, 2015, and February 13, 2020.

How can I learn more about Ryder's services?

For more information, visit Ryder's official website at www.ryder.com, or follow them on social media platforms like Facebook, Twitter, Google+, and YouTube.

What is Ryder's role in disaster response?

Ryder supports national and local disaster preparedness and response efforts as a member of the American Red Cross Disaster Responder Program.

Who are the notable partners of Ryder?

Ryder partners with major corporations and organizations to provide comprehensive fleet management, logistics, and transportation solutions.

How does Ryder contribute to sustainability?

Ryder is committed to sustainability through its environmentally-friendly fleet and supply chain solutions.

Ryder System, Inc.

NYSE:R

R Rankings

R Stock Data

6.58B
41.27M
2.25%
90.55%
2.15%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
Link
United States of America
MIAMI