Welcome to our dedicated page for Ryder System news (Ticker: $R), a resource for investors and traders seeking the latest updates and insights on Ryder System stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ryder System's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ryder System's position in the market.
Ryder System, Inc. (R) releases a quantitative analysis on converting commercial diesel vehicles to electric vehicles (EV) in today's market. The data shows an increase in the total cost to transport goods by EV versus diesel across all vehicle classes, ranging from up to 5% to 114%. The analysis reveals that the business case for EV conversion is not yet viable due to technology limitations and lack of charging infrastructure. The potential inflationary impact of converting to EVs is estimated to add 0.5% to 1% to overall inflation.
Ryder System, Inc. (NYSE: R) has declared a regular quarterly cash dividend of $0.71 per share, paying on June 21, 2024, to shareholders of record on May 20, 2024. This marks Ryder's 191st consecutive quarterly dividend payment, demonstrating over 47 years of consistent dividend distribution.
Ryder System, Inc. has been selected by U.K.-based footwear brand FitFlop to provide supply chain and logistics services for their ambitious North American expansion plans. Ryder's technology and scalability were key factors in FitFlop's decision. The new U.S. logistics operations are strategically located within Ryder's 700,000-square-foot warehouse in Columbus, Ohio, providing faster fulfillment times, expanded transportation capabilities, and increased supply chain resilience. The collaboration aims to enhance service for FitFlop's omnichannel customers and support the brand's growth in the region.
Ryder System, a leader in supply chain and fleet management solutions, has been honored as a 2024 VETS Indexes Recognized Employer. The award recognizes Ryder's commitment to hiring, retaining, and supporting veterans and the military-connected community. Ryder has hired over 15,300 veteran employees in the U.S. since 2011 and offers various programs to support veteran hiring initiatives. The company also provides military discounts to its customers, showcasing its dedication to the veteran community.
Ryder System, a leader in supply chain and fleet management, opens a new multiclient logistics facility in El Paso, Texas near the U.S.-Mexico border to support nearshoring and cross-border trade. The facility provides cross-dock services, ambient storage, and value-added services with 20 dock doors and 350 trailers capacity. The site strategically located along a key trade corridor for northbound goods out of Juarez, Mexico, offering easy interstate access in all directions.