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) Executive Vice President & CFO John Diez is set to address the J.P. Morgan 2024 Industrials Conference in New York on March 12, 2024. The event will commence at 7:45 a.m. EST, and a live webcast can be accessed on http://investors.ryder.com.
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Ryder System, Inc. (R) opens new warehouse and expands drayage yard in Laredo and Nuevo Laredo, strategically located at the top inland international trade port in MIAMI. The new facilities support growth in manufacturing and nearshoring, enhancing cross-border trade efficiency between the US and Mexico.
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Ryder System, Inc. Chairman & CEO Robert Sanchez will speak at Citi's 2024 Global Industrial Tech and Mobility Conference in Miami. The event will take place on February 22, 2024, at 9:40 a.m. ET. Investors can access the live webcast on http://investors.ryder.com.
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Ryder System, Inc. reports strong financial performance for Q4 2023 despite challenging freight environment. GAAP EPS from continuing operations at $2.74, Total revenue of $3.0 billion, and Operating revenue up 2% to $2.4 billion. Full-year 2023 shows GAAP EPS of $8.73, Total revenue of $11.8 billion, and ROE of 19%. Full-year 2024 outlook includes ROE of 15% - 16.5%, Comparable EPS of $11.50 - $12.50, and Operating revenue expected to increase by approximately 13%.
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Ryder System, Inc. (R) declares a regular quarterly cash dividend of $0.71 per share of common stock, continuing its streak of 190 consecutive quarterly cash dividends, totaling over 47 years of uninterrupted dividend payments.
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Ryder System, Inc. (NYSE: R) has been recognized by FORTUNE magazine as one of the World's Most Admired Companies® for 2024, marking the 12th consecutive year it has made the list. The company ranked as one of the top three within the Trucking, Transportation, and Logistics category. The recognition is based on an annual corporate reputation study that surveys top executives, directors, and financial analysts from eligible companies across 52 industries. Ryder's success, growth, and leadership are attributed to investing in its employees and consistently delivering as a trusted logistics and transportation provider.
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H.I.G. Capital announces the sale of Cardinal Logistics to Ryder System, Inc. The acquisition resulted in a significant increase in the earnings of Cardinal through strategic investments and collaboration with the management team. The transaction is a testament to the success of Cardinal and its long-tenured customer relationships. Ryder's interest in the Company reflects the added service capabilities Cardinal will bring to its customers.
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Ryder System, Inc. (NYSE: R) has acquired Cardinal Logistics, strengthening its position as a leading customized dedicated transportation provider in North America. The acquisition adds 200 operating locations, 2,900 power vehicles, and 3,400 professional drivers to Ryder's network, enabling growth and synergies for both companies. The transaction is expected to be accretive in 2025 after completing integration efforts.
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Ryder System, Inc. (NYSE: R) will host an Investor Day in New York City on June 13, 2024, to present its strategic vision, growth drivers, and financial objectives. The event will feature formal presentations, Q&A sessions, and a solutions showcase.
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Ryder System, Inc. (NYSE: R) announces a new multi-year, multimillion-dollar sponsorship and advertising campaign with professional golfer Sam Ryder, shifting its corporate logo to a more prominent position on Sam’s hat and launching two new humorous TV ads. The goal is to connect with the target B2B audience in a more personal way and increase interaction with the website and digital advertising.
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FAQ
What is the current stock price of Ryder System (R)?
The current stock price of Ryder System (R) is $161.21 as of November 21, 2024.
What is the market cap of Ryder System (R)?
The market cap of Ryder System (R) is approximately 7.1B.
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 Stock Data
7.08B
41.27M
2.25%
90.62%
1.69%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
United States of America
MIAMI