Stronger supply chain and dedicated unit profits helped Ryder System Inc. to raise net income 5% to $56.2 million, or $1.05 per share.
April 26, 2016Ryder News Updates
Follow Ryder System news with Transport Topics for reporting on the transportation and logistics company's fleet management, leasing and supply chain operations. This category tracks financial performance, acquisitions, technology, rental demand, maintenance services and corporate strategy. Coverage provides context on how Ryder's business decisions influence commercial fleets, customers and the broader freight transportation market.
Ryder, USA Truck Earnings Improve in Fourth Quarter
Two large freight industry companies have reported improved fourth-quarter results, with net income rising 5% at Ryder System Inc. and 11% at USA Truck Inc.
February 2, 2016Ryder Launches Dedicated Contract Carriage Service for True Value
Ryder System Inc. announced that it would provide True Value Co., a wholesale hardware cooperative, with professional drivers, vehicles, maintenance, routing and scheduling services through a dedicated-transportation agreement.
November 17, 2015Ryder to Sell Clean Energy Fuels’ Renewable Natural Gas
Ryder System Inc. said it would switch to renewable natural gas from fossil natural gas at its fueling stations in Orange and Fontana, California.
November 12, 2015Ryder System Lowers Third-Quarter Earnings Expectations
Ryder System Inc. became the third publicly traded trucking industry company to lower third-quarter earnings expectations by announcing that its profits would be 10 cents per share to 13 cents per share below its earlier forecast.
October 13, 2015Are You Ready for Winter?
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October 8, 2015Ryder Destroys Volvo Truck in Demo, Challenges Technicians to Fix in 24 Hours
Ryder challenged a team of its technicians to repair a tractor that had run over a spike strip, drove through an exploding debris field and was hit with a 2-ton wrecking ball as part of its “Project Rebirth.”
September 9, 2015Landstar, Ryder, TransForce Earnings Rise; Universal Falls 3%
Truckload carrier Landstar System Inc., leasing specialist Ryder System Inc. and diversified North American carrier TransForce Inc. reported higher second-quarter earnings, but net income fell 3% at Universal Truckload Services Inc.
July 23, 2015Ryder Introduces TranSync Platform to Automate Fleet-Selection Process
Ryder System Inc. has developed a technology platform designed to help private fleets and shippers determine the most efficient transportation option for a particular load at a given time.
June 23, 2015Freightliner, Ryder Supply CNG Units to Several Fleets
Ryder System Inc. and Freightliner Trucks said they have supplied new compressed natural gas-fueled trucks to several companies and fleets.
May 21, 2015