Ryder System News Updates

Used tractor pricing increased 6%, and truck pricing rose 3% year on year in the second quarter of 2026, Miami-based Ryder said when releasing its Q2 earnings.

The second quarter of 2026 saw the strongest increase in truck and tractor rental demand in four years on a sequential basis, according to a key Ryder executive.

“Outperformance was driven by higher retail volumes relative to our expectations, and retail pricing was stable sequentially,” said Ryder CEO John Diez.

International Motors announced initial fleet trials of second-generation autonomous LT Series tractors, identifying Ryder System as the inaugural participant.

Ryder has yet to see meaningful near-term change in U.S. freight market conditions, incoming CEO John Diez said Feb. 11, prolonging the longest rate recession in industry memory.

Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.

“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.

Executives told analysts the most recent quarter’s performance boded well for the coming quarters in spite of continued economic uncertainty. Overall, revenue was little changed.

Paccar expects to seize a bigger U.S. heavy-duty truck market share once the Section 232 import tariffs on medium- and heavy-duty trucks and parts go live Nov. 1.

Ryder System profit and revenue rose year over year in Q2 of 2025, benefiting from supply chain services wins and prices, plus a more stable truck sales, leasing and rental market.