Ryder System, Inc. - R STOCK NEWS

Ryder System, Inc. (NYSE: R) has been recognized as a 'Leader' in Gartner’s 2021 'Magic Quadrant for Third-Party Logistics, North America'. This evaluation of 19 logistics providers highlights Ryder's capabilities in navigating supply chain challenges during the pandemic. The report emphasizes the importance of agility and adaptability in 3PL services. Ryder continues to invest in technology and service to enhance operational efficiency and customer experience. The company has held a leadership position in this quadrant since 2017.

Ryder System, Inc. (NYSE: R) Chairman and CEO Robert Sanchez will present a company update at the Wolfe Research Transportation and Industrials Conference on May 25, 2021, at 2:25 p.m. EST. The virtual event aims to provide insights into Ryder's logistics and transportation operations, which include supply chain management, dedicated transportation, and fleet management solutions.

Ryder operates nearly 235,000 commercial vehicles and more than 300 warehouses, highlighting its extensive infrastructure and market presence.

Ryder System, Inc. (NYSE: R) declared a quarterly cash dividend of $0.56 per share, payable on June 18, 2021, to shareholders of record on May 24, 2021. This marks the company's 179th consecutive quarterly dividend, reflecting over 44 years of uninterrupted payments. Ryder is a leader in supply chain, dedicated transportation, and fleet management solutions, operating nearly 235,000 commercial vehicles and over 300 warehouses across the U.S., Canada, Mexico, and the U.K.

Ryder System, Inc. (NYSE: R) announced the appointment of John J. Diez as executive vice president and chief financial officer (CFO), succeeding Scott T. Parker, who resigned. Diez brings extensive experience from his 20-year tenure at Ryder, where he previously led the Fleet Management Solutions and Dedicated Transportation Solutions units, achieving strong revenue growth. Additionally, Tom Havens has been promoted to president of the Fleet Management Solutions business unit. Ryder aims to leverage these leadership changes for improved financial management and business performance.

Ryder System, Inc. (NYSE: R) will be represented by Chairman and CEO Robert Sanchez at the Goldman Sachs Industrials and Materials Virtual Conference on May 12, 2021, at 3:30 p.m. EDT. This event will provide insights into the company's logistics and transportation services. Ryder, recognized for innovations and safety, operates extensively with nearly 235,000 commercial vehicles and over 300 warehouses across the U.S., Mexico, Canada, and the U.K.

Ryder System, Inc. (NYSE: R) CEO Robert Sanchez will present a company update at the Virtual Wells Fargo Securities Industrial Conference. This event is set for May 5, 2021, at 12:40 p.m. EST. Ryder is recognized as a leader in logistics and transportation, managing approximately 235,000 commercial vehicles and over 300 warehouses across North America and the UK. Their diverse services include supply chain management, dedicated transportation, and fleet management solutions. Investors can access the webcast via the Ryder investor relations website.

Ryder System, Inc. (NYSE: R) reported strong first-quarter results for 2021, achieving GAAP EPS of $0.97 compared to a loss of $2.09 in 2020. Total revenue increased 3% year-over-year to $2.22 billion, driven by a 12% growth in Supply Chain Solutions. Fleet Management Solutions saw flat revenue, while Dedicated Transportation Solutions declined by 4%. The company anticipates FY21 GAAP EPS between $5.65 and $6.05, and aims for a return on equity of 12-13%. Ryder remains focused on enhancing sustainability and improving supply chain resiliency amidst a robust freight environment.

Ryder System, Inc. (NYSE: R) has scheduled its first quarter 2021 earnings conference call for April 28, 2021, at 11:00 a.m. Eastern Time. During this call, Chairman and CEO Robert Sanchez, along with CFO Scott Parker, will present the company's financial results for the quarter. The event will be available via live webcast, enabling investors and stakeholders to gain insights into Ryder’s financial performance and business strategies.

Ryder System, Inc. (NYSE: R) has released its latest Corporate Sustainability Report, showcasing a commitment to sustainability and environmental responsibility. Between January 2019 and December 2020, Ryder achieved a 10% reduction in Scope 1 and 2 emissions and was recognized as a 'Green Supply Chain Partner' for the 12th consecutive year. The report highlights initiatives in five key areas, including protecting the planet and fostering diversity. Ryder's CSR efforts have resulted in significant waste recycling efforts and a diverse workforce, while also donating $5.5 million to charitable partners.