Ryder System

Business, Equipment, Logistics

Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019

Ryder truck Ryder says it expects earnings for the full year to be in the range of $5.28 to $5.58 a share, an increase from previous forecasts. (John Sommers II for Transport Topics)

Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.

Daniel P. Bearth | Staff Writer
 May 3, 2019
Business, Logistics, Top 100

Ryder Appoints Scott Parker to Top Financial Post

Ryder truck and trailer Ryder System Inc.

Ryder System Inc. announced the appointment of Scott Parker as chief financial officer.

March 27, 2019
Business

Ryder Posts Record Revenue for 4Q, Full Year

Ryder truck and trailer Ryder System Inc.

A strong economy and demand for freight movement led Ryder System Inc. to declare record revenue for its final 2018 quarter and the full year.

Jim Stinson | Staff Reporter
 February 14, 2019
Business, Technology, Top 100

Ryder Expands Truck-Sharing Platform to South Florida

Coop open on cellphone Ryder System Inc.

Ryder System Inc. announced it has expanded its digital truck-sharing platform, Coop by Ryder, to South Florida.

January 24, 2019
Business

Ryder Beats Wall Street Expectations With 3Q Earnings

Ryder Ryder System Inc.

Ryder System Inc. beat analysts’ expectations when the Miami-based company announced net income increased 51% in the third quarter.

Dan Ronan | Associate News Editor
 October 26, 2018
Business

Ryder Opens Pennsylvania Maintenance Facility for Diesel, Alt-Fuel Trucks

Ryder System Inc. announced the opening of a new full-service maintenance facility in Reading, Pa., for both diesel and alternative-powered trucks.

Transport Topics
 September 24, 2018
Business

Ryder Reports Double-Digit Revenue Growth in Second Quarter

Ryder truck in Kentucky John Sommers II for Transport Topics

Ryder System Inc. reported a second-quarter increase in revenue and profits, but a decline in per share earnings, due to tax-related adjustments and other costs.

Dan Ronan | Associate News Editor
 July 25, 2018
Business, Logistics

Ryder Expands in Maryland With Completed Acquisition

Ryder truck (Terry Townsend)

Ryder System Inc. has completed the acquisition of all outstanding equity of Metro Truck & Tractor Leasing. Ryder now will operate Metro’s two Maryland facilities in Beltsville and Baltimore, which provide truck leasing, rental and maintenance services to more than 150 customers with a fleet of 900 units.

Transport Topics
 June 19, 2018
Business, Technology, Equipment, Logistics, Top 50

Ryder Introduces New Commercial Management Fleet App

Ryder truck (Terry Townsend/Ryder)

Ryder System Inc. has launched a smartphone app that permits commercial fleet users to get a vehicle into a repair facility for either scheduled or unexpected maintenance and also compare real-time fuel prices.

Dan Ronan | Associate News Editor
 May 23, 2018
Business, Equipment

Ryder System Posts Higher Sales, Lower Profits in First Quarter

Ryder System truck Ryder System Inc.

Ryder System generated record revenue and lower net earnings in the first quarter as strong sales for the Miami-based equipment leasing and logistics service provider were offset by a write-down of goodwill for its operations in the United Kingdom and higher expenses associated with the sale of used vehicles.

Daniel P. Bearth | Staff Writer
 April 24, 2018

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