Newsroom

Ryder offers workers paid time off to get the coronavirus vaccine Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and fleet management solutions, today announces the company will pay up to six hours of paid time off (PTO) to Ryder employees to receive the COVID-19 vaccine. This will include three hours of PTO for the first vaccine and an additional three hours of PTO for those treatments that require a second dose to complete the vaccination process. Ryder incentivizes its employees with paid time off to get the COVID-19 vaccine as the company is committed to maintaining a healthy workforce. (Photo: Business Wire) Ryder is committed to creating a healthy workforce; one that allows our employees to feel safe and secure when carrying out their jobs. “The...

Continuing to deliver on its mission of making trucks easy to share COOP by Ryder ®, the leading truck and trailer sharing platform that connects fleet owners with idle vehicles to trusted businesses in need of rental vehicles, today announced expansion to three new markets: California, Tennessee, and North Carolina. The expansion strengthens COOP’s footprint and further advances its position across the United States, after successfully rolling out the program in Georgia, Florida, and Texas. COOP expands insurance program to 34 states, enabling existing customers with large fleets across multiple markets to leverage the platform wherever they operate. (Photo: Business Wire) “COOP has scaled quickly and we are seeing rapid adoption of the truck and trailer sharing concept,” says Romain...

Ryder System, Inc. (NYSE: R) Executive Vice President and Chief Financial Officer Scott Parker will present a company update at the Stephens Virtual Investment Conference. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201110005035/en/ Ryder System, Inc. Executive Vice President and Chief Financial Officer Scott Parker. (Photo: Business Wire)...

Q3 total revenue of $2.2 billion, down 3%, reflecting lower fuel revenue Q3 operating revenue (non-GAAP) of $1.8 billion, unchanged as higher revenues in supply chain solutions and lease were offset by lower revenues in commercial rental and dedicated transportation solutions Q3 GAAP EPS from continuing operations of $0.85 versus a loss of $(1.75) in prior year, primarily reflecting declining depreciation impact from prior residual value estimate changes as well as improved lease performance and higher supply chain solutions results Q3 comparable EPS (non-GAAP) from continuing operations of $1.21 versus a loss of $(1.49) in prior year Improvement in areas impacted by COVID-19: Used vehicle sales results benefited from record sales volume and higher sequential truck and tractor pricing...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, announced today a comprehensive touchless check-in process for drivers that will eliminate in-person contact when arriving for service. By implementing a touchless check-in process across nearly 800 maintenance locations in North American, Ryder is ensuring the well-being and protection in all aspects of the business for employees, drivers, and customers to stay safe during the pandemic. Powered by RyderGyde, Ryder’s digital fleet management tool, drivers will be alerted to check-in via geo-location technology and onsite signage. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201026005225/en/ RyderGyde,...

In response to customer buying trends, Ryder enhances customer experience through the combination of new website and new physical locations for used vehicles Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today announced the launch of its new fully responsive, mobile-friendly, used vehicle sales website, ryder.com/used-trucks . The new site includes an expanded inventory of used vehicles, enhanced search tools, and new innovative features to make it easier for customers to locate the best pre-owned vehicle near their business to meet their needs. With the launch of the new used vehicle sales website that includes an expanded inventory of vehicles through an additional 156 current Ryder rental and maintenance...

Second Quarter 2020 Q2 total revenue of $1.9 billion, down 16%, and Q2 operating revenue (non-GAAP) of $1.6 billion, down 10% primarily reflecting COVID-19 impacts on commercial rental and automotive activity in supply chain Q2 GAAP EPS from continuing operations loss of $(1.41) versus a profit of $1.43 in prior year, reflecting the impacts of higher non-cash depreciation expense due to changes in residual value estimates and COVID-19 Q2 comparable EPS (non-GAAP) from continuing operations loss of $(0.95) versus a profit of $1.40 in prior year Business Updates and Impacts of COVID-19 Anticipate operating cash flow of $1.8 billion to $2.0 billion in 2020 Expect free cash flow of $1.0 billion to $1.2 billion including capital expenditures of $1.0 billion to $1.3 billion in 2020 Additional...

Company Pays Dividend for 176th Consecutive Quarter The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on September 18, 2020, to shareholders of record on August 24, 2020. This is Ryder’s 176 th consecutive quarterly cash dividend – marking more than 44 years of uninterrupted dividend payments. About Ryder Ryder System, Inc. (NYSE: R) is a leading transportation and logistics company. It provides supply chain, dedicated transportation, and commercial fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation...

Recognized for 12 Consecutive Years, the Distinction Underscores Strong Sustainability Efforts by the Leading Logistics Company Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions announces it has been named as a “Green Supply Chain Partner” in the annual Inbound Logistics “G75” special section for the twelfth consecutive year. This award recognizes the 75 leading companies that demonstrate a deep commitment to efficiency and sustainability. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200709005062/en/ As a global leader in transportation and logistics, Ryder is uniquely positioned to reduce the environmental impacts of its operations as well as those...

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, recently announced its 100,000 ride utilizing Uber for Business. By integrating directly into Uber for Business’ application programming interface, Ryder is able to request, manage, and pay monthly for rides for their customers and employees at scale while providing an enhanced customer experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200616005067/en/ Ryder uses Uber for Business to access transportation for drivers and technicians to and from both Ryder and customer locations. (Photo: Business Wire) This announcement comes at a time when businesses are looking to innovate and adapt with speed...