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 celebrates three female leaders as recipients of the 2023 Women in Supply Chain awards.
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Ryder System deploys first BrightDrop Zevo 600 electric vans in California, Texas, and New York.
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Ryder System releases its annual e-commerce consumer study revealing key factors impacting purchasing decisions amid inflation. Consumers prioritize savings with free shipping and returns, comparison shopping, and faster shipping. Returns management and promotional offers contribute to customer retention. Appeal to social and environmental consciousness is important. Shipping costs and unanticipated fees lead to customer attrition.
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Ryder System CEO to present at Morgan Stanley conference
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Ryder System, Inc. announces 'Buy More Save More' sales event offering up to 30% off the purchase of three or more qualifying pre-owned vehicles and up to 20% off the purchase of two qualifying vehicles. 'A Truckload of Savings' event offers up to 15% off the price of a trailer when purchasing a qualifying pre-owned tractor. Ryder aims to address the limited market for affordable, diverse, and trusted fleet management solutions. Ryder has over 7,000 pre-owned vehicles in inventory and offers financing options and maintenance services.
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Ryder System, Inc. has been recognized for its engineering self-distribution supply chain model for a hospital network. The company won the 'Top Supply Chain Projects' award for 2023 by Supply & Demand Chain Executive. Ryder designed a fully integrated, customized solution for a large Midwest healthcare system, enabling them to move to a self-distribution model. The solution includes a highly automated distribution center, 100% inventory control, real-time visibility, improved fill rates, on-time delivery, and increased efficiency. Ryder's technology, including the AutoStore™ and RyderShareTM, enhances storage capacity, speeds up order fulfillment, and enables collaboration across the supply chain. The hospital network achieved a 98% fill rate, 99% on-time delivery, 100% inventory control, and significantly decreased operating and product costs.
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Ryder System, Inc. (NYSE: R) announces the establishment of Baton, A Ryder Technology Lab, based in Silicon Valley. Baton’s mission is to pioneer a suite of groundbreaking customer-facing technologies designed to revolutionize how Ryder’s customers interact with their transportation and supply chain networks. The lab aims to prepare Ryder for the coming artificial intelligence (AI) wave.
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Ryder System, Inc. (NYSE: R) announces Cody Morris as the 2023 Ryder Top Technician, winning a $50,000 cash prize. The competition showcased the top performing truck maintenance technicians from Ryder's locations across the US and Canada, with Cody Morris of Kentucky crowned as the winner.
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Ryder System, Inc. (NYSE: R) reported strong Q2 2023 results despite weak freight conditions, with GAAP EPS of $(0.39) due to a non-cash UK exit charge, and comparable EPS of $3.61. Total revenue was $2.9 billion, and full-year 2023 forecast was increased to $12.20 - $12.70 for comparable EPS.
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Ryder System, Inc. (NYSE: R) expands diesel maintenance technician training programs to address industry shortage. The company aims to provide best-in-class training, curriculum, and mentorship for student trainees, early career professionals, and military veterans. Ryder plans to expand its Technician Excellence Centers and launch the Ryder Accelerated Maintenance Program (RAMP) for high school seniors, as well as an intensive eighteen-month Technician Trainee Program. The company also focuses on leveraging the unique skills and leadership qualities of military veterans.
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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