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) 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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Ryder System, Inc. (NYSE: R) collaborates with Kodiak Robotics, Inc. to establish the first truckport in Houston to enable the commercialization and scaling of Kodiak’s autonomous truck solution. The collaboration aims to leverage Ryder’s service network to support additional truckport operations and to provide on-site technician and maintenance services. The companies plan to introduce the first driverless operations along the Dallas-Houston route later this year using the Ryder facility as a launch point.
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Ryder System, Inc. (NYSE: R) announced details for its fourth quarter 2023 earnings conference call, to be held on February 14, 2024. The call will feature Chairman and CEO Robert Sanchez and CFO John Diez, who will review the company's financial results. The webcast will be available on the company's website, and a replay will be accessible afterward. This event is part of Ryder's ongoing investor engagement efforts, aimed at providing transparency and insight into the company's performance.
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Ryder System, a leader in supply chain and fleet management solutions, has opened a one-million-square-foot North American distribution center for Lexmark, a global imaging and IoT solutions leader. The facility consolidates operations, streamlines shipping, and saves costs, enabling 99% same-day shipping and 99% midnight parcel pick-up with next-day air service. Ryder's technology and expertise have allowed Lexmark to stay ahead of the curve in the rapidly changing supply chain environment.
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Ryder System, Inc. (NYSE: R) has been recognized by Military Times as one of the Best for Vets: Employers for the third consecutive year. The company has hired more than 14,000 veterans since 2011, showcasing its commitment to recruiting military veterans. CEO Robert Sanchez expresses pride in employing veterans and acknowledges their value to Ryder and its customers.
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Ryder System, Inc. (NYSE: R) secures the first two Ryder ChoiceLease customers under the RyderElectric+ turnkey fleet solution. Land ‘N’ Sea Distributing and Servientrega International Inc. will use RyderElectric+ to navigate the electric vehicle landscape, with Ryder supporting charging and infrastructure. Land ‘N’ Sea is deploying the BrightDrop Zevo 600 and Ford E-Transit, while Servientrega will use BrightDrop Zevo 600 vehicles in South Florida.
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Ryder System, Inc. (NYSE: R) raises a record $1.1 million in its annual United Way workplace campaign for 2023. The campaign, organized by Ryder executives and employee volunteers, saw increased employee participation and a new giving record. The funds raised will support United Way agencies across the U.S., helping to ensure quality education and financial security for communities. Ryder's philanthropic contributions have been consistent for over 40 years, demonstrating dedication to building stronger communities.
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Ryder System, Inc. (NYSE: R) announces Executive Vice President and CFO John Diez's participation in the 2023 Stephens Annual Investment Conference in Nashville, TN on November 15, 2023. Diez will address the conference at 12:00 p.m. CST, and the event will be webcasted live on http://investors.ryder.com.
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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 Stock Data
6.58B
41.27M
2.25%
90.55%
2.15%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
United States of America
MIAMI