Ryder System News Updates

Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.

Vehicle leasing and rental company Ryder System Inc. on Feb. 16 reported strong fourth-quarter and full-year 2021 earnings that easily exceeded Wall Street analysts’ expectations.

Ryder System Inc. has entered into a definitive agreement to acquire e-commerce and omnichannel fulfillment provider Whiplash, the company announced Dec. 13.

Autonomous technology developer Gatik announced it will lease from Ryder System Inc. a fleet of medium-duty, multi-temperature box trucks designed for transporting goods autonomously to retail locations.

Ryder System and Embark Trucks are launching a nationwide network of transfer points that will be used to transition shipments from driverless longhaul trucks to driver-enabled last-mile trucks, the companies said Sept. 21.

Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.

Self-driving truck developer TuSimple and Ryder System Inc. announced a partnership intended to leverage select Ryder fleet maintenance facilities to serve as terminals on TuSimple’s Autonomous Freight Network.

Bed Bath & Beyond Inc. will partner with logistics specialist Ryder System Inc. to develop two distribution centers in Pennsylvania and California.

Ryder System plans to extend expansion of its last-mile delivery network to meet growing consumer demand, the company said.

Ryder Truck Rental Inc. asked a federal judge to issue a $3.7 million default judgment in its civil lawsuit against a Chinese-backed truck maker that allegedly failed to make good on promises to deliver 100 Class 5 electric vehicles to Ryder in 2017.