Ryder's 2Q Earnings Rise 14%

Ryder System said its net earnings rose 14% to $46.7 million, or 91 cents per share, up from $40 million, or 77 cents from a year ago.

The Miami-based trucking and logistics company’s revenue rose 3% to $1.56 billion, Ryder said Tuesday.

Its Supply Chain Solutions business unit’s revenue rose 6% to 570.3 million. 

Ryder’s SCS segment is ranked No. 10 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.