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) 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.
Ryder System, Inc. (NYSE: R) announces that Scott Parker, Executive Vice President and CFO, will present at the J.P. Morgan Industrials Conference on March 15, 2021, at 1:10 p.m. EST. The event will be held virtually. The presentation aims to provide insights on the company's strategies and performance in the logistics and transportation sector. Ryder is recognized for its advanced logistics solutions and operates nearly 235,000 commercial vehicles and over 300 warehouses across North America and the UK.
Ryder System, Inc. (NYSE: R) has announced an updated Fleet Buy-Out Program, enabling customers to trade in their fleets for new leases. This program guarantees competitive offers for used commercial vehicles, allowing customers to convert aging vehicles with ease. The initiative aims to help businesses save money, free up capital, and simplify fleet management. Ryder supports a diverse range of customers and offers maintenance and 24/7 assistance through the leasing program, eliminating complexities associated with vehicle ownership.
Ryder System, Inc. (NYSE: R) reported its Q4 2020 results, showing significant year-over-year earnings improvement. The total revenue declined 3% to $2.21 billion, with a notable 10% increase in Supply Chain Solutions revenue. The company's GAAP EPS was $0.48, compared to a loss of $1.02 in 2019. Ryder generated $1.6 billion in free cash flow, aligning with its cyclical targets. The outlook for 2021 includes mid-single digits revenue growth and a projected GAAP EPS of $4.18 to $4.68, driven by lower depreciation and improved market conditions.
Ryder System, Inc. (NYSE: R) announced that Chairman and CEO Robert Sanchez will provide a company update during Citi's 2021 Global Industrials Virtual Conference on February 17, 2021, at 1:00 PM EST. Ryder is recognized for its logistics and transportation solutions, including supply chain management, dedicated transportation, and fleet management. The event will be accessible via a live webcast at Ryder's investor relations page.
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