Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/23/2014 10:25:00 AM Write a Letter to the Editor Write a letter to the Editor

Ryder’s 1Q Earnings Increase

JB Reed/Bloomberg News

Ryder System said its first-quarter earnings rose from a year ago, led by its fleet management solutions unit, and reported record first-quarter operating revenue.

Net income rose to $48.2 million, or 90 cents a share, from $39.9 million, or 77 cents, a year ago.

Revenue rose 3% to $1.61 billion, the company reported April 23.

Its fleet management solutions segment’s revenue rose 3% to $1.14 billion, and its supply chain solutions segment’s revenue rose 4% to $597.3 million.

Ryder System, Miami, is the parent company of Ryder Supply Chain Solutions, which is ranked No. 10 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement