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With the Ryder Newsroom, stay up-to-date with the latest Ryder press releases and company news.
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Ryder Reports First Quarter 2018 Results
- Q1 GAAP EPS from Continuing Operations Down $0.08 or 11% to $0.64, Includes $0.29 UK Goodwill Impairment Charge
- Q1 Comparable EPS (non-GAAP) from Continuing Operations Up $0.08 or 10% to $0.91, Reflects Lower Tax Rate from Tax Reform
- Record Q1 Total Revenue Grows 10% to $1.9 Billion; Record Q1 Operating Revenue (non-GAAP) Up 7% to $1.5 Billion
- Revised Full-Year 2018 GAAP EPS Forecast Range of $4.55 to $4.80 vs. Prior Forecast of $5.34 to $5.64, Driven by a Tax Reform-Related Adjustment and UK Goodwill Impairment Charge
- Revised Full-Year 2018 Comparable EPS Forecast Range (non-GAAP) of $5.45 to $5.70 vs. Prior Forecast of $5.40 to $5.70
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today reported first quarter earnings and revenue. Results for the three months ended March 31 were as follows:
Ryder System, Inc.
Media: Claudia Panfil, 305-500-3668
Investor Relations: Bob Brunn, 305-500-4210
Ryder Reports First Quarter 2018 Results
Ryder enhances used vehicle offering with significant Midlands investment
Ryder’s used commercial vehicle offer has been boosted by a £3m investment in a new site on the outskirts of Burton upon Trent in Staffordshire. The 9 acre plot off the A38 will become the new Sales and Service Centre for Ryder’s used vehicle stock, providing easy access to a comprehensive selection of tractor units, trailers, rigid trucks, and LCVs that have reached the end of their first life lease and are available to purchase.
Ryder enhances used vehicle offering with significant Midlands investment
DS Smith chooses Ryder for 240 specialist vehicles
DS Smith, a leading provider of corrugated and specialist plastic packaging solutions, has returned to Ryder for the supply of nearly 240 specialist vehicles, including 218 Lawrence David trailers with demanding safety specifications and 21 Mercedes-Benz tractor units.
The replacement trailers are among the highest specification Ryder has ever supplied to a customer. The straight frame pillarless curtainsiders feature:
DS Smith chooses Ryder for 240 specialist vehicles
All Metal chooses Ryder for fleet revamp
All Metal Services Ltd, a stockholder of raw materials and processor to the aerospace and defence industries, has chosen Ryder for a significant revamp of its truck fleet, taking on 10 new DAF rigid trucks and an Alloy Bodies drawbar trailer.
With locations in London, Birmingham, Bolton, Bristol and Belfast, All Metal Services Ltd has until now owned and operated a 10-strong fleet of used rigids with first registrations varying from 2013 back to 2003.
All Metal has taken on:
All Metal chooses Ryder for fleet revamp
Top Ryder Drivers Selected for “Driver of the Year” Distinction and Cash Prize
Two Professional Drivers Recognized for Their Commitment to Safety; Combined Professional Driving Experience of 84 Years and Nearly 10 Million Safe Miles
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced the honorees of its 45th Annual Driver of the Year Award, a tribute to driver excellence. This year’s award ceremony, held at Ryder Headquarters in Miami, Fla., recognized two Ryder professional drivers—Bill Phipps and Carlos Aceituno—for demonstrating exemplary safety performance, customer service, and citizenship throughout their careers. Mr. Phipps and Mr.
Ryder System, Inc.
Jennifer Hanlon, 305-500-4547
jennifer_a_hanlon@Ryder.com
or
Claudia Panfil, 305-500-3668
claudia_panfil@ryder.com
Top Ryder Drivers Selected for “Driver of the Year” Distinction and Cash Prize
Top @RyderSystemInc drivers selected for “Driver of the Year” distinction and cash prize
Longs celebrates contract renewal with new trailers from Ryder
Longs of Leeds has taken on another 25 SDC curtainsided trailers from Ryder as it celebrates a contract renewal with food manufacturer Symington’s.
Among the new trailers are a dozen with liveries featuring two of Symington’s most popular brands: Mug Shot and Naked Noodle.
Longs has worked for Symington’s for 10 years. The contract renewal sees Longs handle 12 loads a day for Symington’s, picking up from its Leeds warehouse (just one motorway junction from Longs’ base) and delivering to major retailers nationwide.
Longs celebrates contract renewal with new trailers from Ryder
Ryder Acquires MXD Group to Support the Significant Growth in e-Commerce
Acquisition Will Deliver a Larger e-Commerce Fulfillment Network, Positioning Ryder as Second Largest Last Mile Delivery Provider of Big and Bulky Goods across the U.S. and Canada
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced it is strengthening its omni-channel fulfillment capabilities through the acquisition of all outstanding equity of MXD Group (MXD), an e-commerce fulfillment provider with a national network of facilities, including last mile capabilities.
Ryder System, Inc.
Media:
Claudia Panfil, 305-500-3668
or
Investor Relations:
Bob Brunn, 305-500-4210
@RyderSystemInc acquires MXD Group to support the significant growth in e-commerce
Ryder Enters the Sharing Economy with COOP by Ryder™, the First-Ever Peer-to-Peer Digital Platform for Commercial Vehicle Sharing
- New Platform Allows Companies to Lend and Borrow Idle Commercial Vehicles within a Network of Trusted Businesses; Helps Optimize Fleets and Reduce Transportation Costs -
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today the launch of COOP by Ryder™ (COOP - pronounced “koop”), a new asset sharing platform and the first of its kind for commercial vehicles. The digital platform offers businesses the opportunity to list and rent underutilized commercial vehicles within a network of trusted peers.
Ryder System, Inc.
Jennifer Hanlon, 305-500-4547
jennifer_a_hanlon@ryder.com
or
Jonathan Mayor, 305-500-3161
jonathan_c_mayor@ryder.com
Ryder Enters the Sharing Economy with COOP by Ryder™, the First-Ever Peer-to-Peer Digital Platform for Commercial Vehicle Sharing
@RyderSystemInc enters the sharing economy with @cooptruckshare by Ryder™, the first-ever peer-to-peer digital platform for commercial vehicle sharing
Ryder First Quarter Conference Call Scheduled for April 24, 2018
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today provided details regarding its conference call scheduled for April 24, 2018, at 11:00 a.m. Eastern Time. During the call, management will review first quarter results. The call will be webcast over the Internet.
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Ryder System, Inc.
Media:
Jennifer Hanlon, 305-500-4547
or
Investor Relations:
Bob Brunn, 305-500-4053
@RyderSystemInc first quarter conference call scheduled for April 24, 2018
Ryder Electric Vehicles Produced by Workhorse Arrive into W.B. Mason’s Business Product Delivery Fleet
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today that W.B. Mason, the nation’s second largest privately owned office products dealer, has taken delivery of Workhorse E-GEN electric, range-extended step vans. The company has expanded its fleet with the Workhorse electric vehicles to support its national business product delivery operations.
Ryder System, Inc.
Jonathan Mayor, 305-500-3161
Jonathan_C_Mayor@ryder.com
or
Claudia Panfil, 305-500-3668
Claudia_Panfil@Ryder.com
