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News & Press
With the Ryder Newsroom, stay up-to-date with the latest Ryder press releases and company news.
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Ryder Opens New State-of-the-Art Maintenance Facility Near Fort Worth; Amid Rapid Market Growth
-Fort Worth is Now Home to Ryder’s Largest Texas Facility-
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announces the opening of a new state-of-the-art maintenance facility in Saginaw, Texas – an inner suburb of Fort Worth. The new 28,000-square-foot facility, located at 1325 Triad Blvd., will employ up to 60 employees to better serve the nearly 100 Ryder customers in the area.
Jonathan Mayor
(305) 500-3161
Jonathan_C_Mayor@Ryder.com
Amy Federman
(305) 500-4989
AFederman@Ryder.com
Ryder Opens New State-of-the-Art Maintenance Facility Near Fort Worth; Amid Rapid Market Growth
COOP Arrives in Orlando: Ryder’s Truck Sharing Platform Allows Businesses to Profit from Their Idle Trucks
Businesses to Share Vehicles and Make Money on the Innovative Platform
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today the expansion of its peer-to-peer truck sharing platform, COOP by Ryder®, to Orlando, Fla. The first-of-its-kind digital platform allows fleet owners to generate revenue by simply renting their idle commercial vehicles to other businesses, providing a new source of rental trucks and trailers to a network of carefully vetted companies, large and small.
Jonathan Mayor
(305) 500-3161
Jonathan_C_Mayor@Ryder.com
Amy Federman
(305) 500-4989
AFederman@Ryder.com
COOP Arrives in Orlando: Ryder’s Truck Sharing Platform Allows Businesses to Profit from Their Idle Trucks
Ryder supports BV Dairy green credentials with new eco-friendly refrigerated vehicles
Ryder, a leading independent provider of commercial vehicle contract hire, rental, and maintenance services, has supplied two new Mercedes-Benz Actros trucks with fuel-saving fridges to Dorset-based BV Dairy.
The independent chilled dairy manufacturer prides itself on continually improving its environmental performance within its food operations, and wanted to extend this out to its distribution fleet.
Ryder supports BV Dairy green credentials with new eco-friendly refrigerated vehicles
Ryder Announces Management Changes to its Fleet Management and Dedicated Transportation Solutions Businesses
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced John Diez, president of its Dedicated Transportation Solutions (DTS) business has been newly appointed to the role of president of Fleet Management Solutions (FMS), replacing Dennis C. Cooke. Mr. Cooke will leave Ryder to pursue other opportunities, but will remain available in the coming months to ensure a seamless business transition.
Investor Relations
Bob Brunn
(305) 500-4053
Bob_S_Brunn@ryder.com
Media Relations
Amy Federman
(305) 500-4989
afederman@ryder.com
Ryder Awarded 2019 Quest for Quality Award for Exceptional Customer Satisfaction by Logistics Management Magazine
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions today announced that Peerless Research Group and Logistics Management magazine have awarded Ryder with its 2019 Quest for Quality Award. The award is regarded as the highest measure of customer satisfaction and performance excellence in the industry. Winners are determined by Logistics Management readers and qualified buyers of transportation and logistics services.
Anne Hendricks
(305) 500-4547
AMHendricks@Ryder.com
Amy Federman
(305) 500-4989
AFederman@Ryder.com
Ryder Awarded 2019 Quest for Quality Award for Exceptional Customer Satisfaction by Logistics Management Magazine
Ryder honours class of 2019 at Trainee Technician Graduation Awards
Ryder, a leading independent provider of commercial vehicle contract hire, rental, and maintenance services, has celebrated the graduation of its latest group of successful Technicians from its Apprenticeship Programme, now in its 25th year.
The class of 2019 were honoured at a Trainee Technician Graduation ceremony at the Brooklands Motor Museum, where graduates gathered with their families, mentors, Ryder Location Managers and Senior Operations Managers, and members of the Ryder Leadership and HR teams.
Ryder honours class of 2019 at Trainee Technician Graduation Awards
Ryder Reports Record Second Quarter 2019 Revenue of $2.2 Billion, Up 7%
Second Quarter 2019
- Q2 GAAP EPS from Continuing Operations Up $0.56 or 64% to $1.43 Reflecting Prior-Year Tax Adjustments and Current-Year Gain on Sale of Property
- Q2 Comparable EPS (non-GAAP) from Continuing Operations Down $0.06 or 4% to $1.40, Primarily Reflecting Lower Used Vehicle Sales Results, Partially Offset by Improved Operating Performance
- Record Q2 Total Revenue Grows 7% to $2.2 Billion
- Record Q2 Operating Revenue (non-GAAP) Up 11% to $1.8 Billion, Reflecting Growth in all Business Segments
2019 Forecast
- Revised Full-Year 2019 GAAP EPS Forecast Range from Prior Forecast of $5.28 to $5.58 to New Forecast of $4.80 to $5.10
- Revised Full-Year 2019 Comparable EPS Forecast Range (non-GAAP) from Prior Forecast of $6.05 to $6.35 to New Forecast of $5.50 to $5.80, Primarily Reflecting Weaker Expected Market Conditions in Used Vehicle Sales
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, reports record total and operating revenue in the second quarter. Revenue grew in all three business segments reflecting new business and higher volumes. Second quarter GAAP EPS was up 64% to $1.43, reflecting prior-year tax adjustments and a current-year gain on sale of property.
Ryder System, Inc.
Media:
Amy Federman
(305) 500-4989
AFederman@ryder.com
Investor Relations:
Bob Brunn
(305) 500-4053
Bob_S_Brunn@ryder.com
Ryder Recognized as Top Green Supply Chain Partner for Continued Commitment to Sustainability
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it is named as a Green Supply Chain Partner in the annual Inbound Logistics “G75” special section, which recognizes the 75 leading companies that demonstrate a deep commitment to efficiency and sustainability. This marks the eleventh consecutive year that Ryder has been honored by the publication.
Anne Hendricks
(305) 500-4547
amhendricks@ryder.com
Amy Federman
(305) 500-4989
afederman@ryder.com
Ryder Recognized as Top Green Supply Chain Partner for Continued Commitment to Sustainability
Ryder Increases Quarterly Cash Dividend
Company Pays Dividend for 172nd Consecutive Quarter
MIAMI--(BUSINESS WIRE)--The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on September 20, 2019, to shareholders of record on August 19, 2019. This dividend reflects an increase of $0.02 from the $0.54 cash dividend that Ryder had been paying since July 2018.
This is Ryder’s 172nd consecutive quarterly cash dividend – marking more than 43 years of uninterrupted dividend payments.
Media:
Amy Federman
(305) 500-4989
Investor Relations:
Bob Brunn
(305) 500-4053
Lynn Star chooses new DAFs from Ryder as contract hire package ‘too good to say no to’
Norfolk-based logistics operator Lynn Star Distribution has sourced 13 new DAF vehicles under contract hire from Ryder, a leading independent provider of commercial vehicle contract hire, rental, and maintenance services.
The new fleet comprises 12 DAF XF480s with Space Cabs and mid-lift axles, and an 18-tonne DAF CF220 curtainsider with Day Cab.
