Ryder News Updates

A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.

DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.

The nearshoring trend has been driving further transportation and logistics investments near the Mexican border as companies work to capture current and expected future growth.

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.

LAS VEGAS — While many of the exhibits at CES 2023 focused on next-level vehicle technologies, some other companies highlighted their efforts to enhance supply chains in the wake of the COVID-19 pandemic and meet the ever-increasing demand for home delivery of products ordered online.

Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.

Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.

Ryder System Inc. on May 13 confirmed receipt of a $4.4 billion offer to be acquired by HG Vora Capital Management, a proposal that Wall Street analysts said reflects the high value the potential buyer sees in the leasing company’s business.

Ryder System Inc., a supply chain, dedicated transportation and commercial fleet management company, announced it launched insurance services by REIN to Ryder used-vehicle sales customers. REIN offers embedded and digital insurance products.