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.
COOP by Ryder® has expanded its truck and trailer sharing platform to North Carolina, Tennessee, and California, following successful launches in Georgia, Florida, and Texas. This platform allows fleet owners to rent out idle vehicles, generating additional revenue. The expansion capitalizes on North Carolina's strong logistics industry, benefiting over 21,000 local trucking companies. Since its inception in 2018, COOP has achieved 250% year-over-year growth and now operates in 34 states, offering flexible insurance options for fleet owners.
Ryder System, Inc. (NYSE: R) has announced it will provide up to six hours of paid time off (PTO) for employees to receive the COVID-19 vaccine. This includes three hours for the initial vaccine and three hours for a second dose. Ryder emphasizes employee health and safety, encouraging vaccination without mandating it. The company is actively collaborating with health authorities to prioritize its essential workers for vaccination. Ryder's commitment to maintaining a healthy workforce aligns with its core values of trust and safety.
COOP by Ryder has expanded to three new markets: California, Tennessee, and North Carolina, enhancing its presence across the U.S. This follows a successful launch in Georgia, Florida, and Texas. The platform, which connects fleet owners with idle vehicles to businesses needing rentals, has seen significant growth, achieving 250% year-over-year growth since 2018. Additionally, COOP’s insurance program now covers 34 states, allowing customers to rent vehicles flexibly. Major users like Premier Refrigerated Transport have reported positive operational impacts through the platform.
Ryder System, Inc. (NYSE: R), a leading logistics and transportation company, announced its fourth quarter 2020 earnings conference call scheduled for February 11, 2021, at 11:00 a.m. Eastern Time. During the call, management will discuss the company's financial performance and results from Q4 2020. The event will be accessible via a live webcast. Ryder provides a range of solutions, including supply chain, dedicated transportation, and fleet management, operating across the U.S., Mexico, Canada, and the UK.
Ryder System, Inc. (NYSE: R) has been recognized in Food Logistics’ 2020 FL100+ Top Software and Technology Providers for the eighth consecutive year. This list highlights essential providers for the global food and beverage supply chain.
The company's cloud- and mobile-based technologies enable enhanced supply chain efficiency and productivity, crucial during the pandemic. Ryder supports nine of the top 10 food and beverage companies, showcasing its innovative solutions like RyderShare™ and OpsBox, which improve operational visibility and labor productivity by over 10%.
Ryder System, Inc. (NYSE: R) has received the 2020 SDCE Green Supply Chain Award from Supply & Demand Chain Executive magazine, recognizing its commitment to sustainability in logistics. The award highlights third-party logistics providers integrating eco-friendly practices into their operations. Ryder has reduced its CO2E emissions by over 21% since 2009 and supports clients in minimizing their carbon footprint. Initiatives include advanced vehicle technologies and a partnership for EV charging infrastructure, showcasing Ryder's role in enhancing sustainability in the supply chain.
Ryder System has pledged a multiyear $250,000 donation to the Howard University School of Business, specifically benefiting the Center for Excellence in Supply Chain Management (CESCM). This funding will support scholarships, internships, and curriculum development in supply chain management. Ryder’s partnership with Howard spans 17 years, positioning the school as a top supply chain program in the U.S. The donation aims to enhance education and address barriers faced by students due to the pandemic.
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