Welcome to our dedicated page for Ryder Sys news (Ticker: R), a resource for investors and traders seeking the latest updates and insights on Ryder Sys stock.
Ryder System Inc (NYSE: R), a Fortune 500 leader in transportation logistics, maintains this comprehensive news hub for investors and industry professionals. Access verified press releases and strategic updates across Ryder's core operations in fleet management, supply chain solutions, and dedicated transportation services.
This resource consolidates essential announcements including quarterly earnings reports, sustainability initiatives, technology partnerships, and operational expansions. Users gain direct insight into Ryder's market positioning through material developments in commercial leasing programs, logistics optimization strategies, and industry safety standards.
Regular updates cover Ryder's responses to evolving supply chain demands, fleet electrification progress, and strategic collaborations within the transportation sector. The curated news selection enables stakeholders to monitor regulatory compliance updates, service area expansions, and leadership changes impacting North American logistics networks.
Bookmark this page for structured access to Ryder's official communications, featuring verifiable updates on maintenance program enhancements, logistics technology deployments, and corporate responsibility initiatives. Combine this resource with SEC filings and market analysis for complete due diligence on R stock performance drivers.
Ryder System, Inc. (NYSE: R) has been recognized by Newsweek as one of the Most Trustworthy Companies in America for 2023, ranking in the Transport, Logistics & Packaging category. This accolade reflects trust ratings from a survey of about 25,000 U.S. residents, focusing on customer, investor, and employee trust. Ryder CEO Robert Sanchez noted this recognition underscores the company’s commitment to excellence and trustworthy relationships, which have driven its success for over 90 years. Ryder achieved this alongside its recognition as one of America’s Most Responsible Companies in previous years.
Ryder System, Inc. (NYSE: R) announced its upcoming first quarter 2023 earnings conference call scheduled for April 26, 2023, at 11:00 a.m. Eastern Time. The call will review the company's financial performance for the first quarter. Chairman and CEO Robert Sanchez, along with CFO John Diez, will be leading the discussion. Investors can participate via a live webcast or by phone. After the call, a replay will be available on Ryder's investor website. Ryder continues to be a major player in logistics, providing various services across the U.S., Canada, and Mexico.
Ryder System, Inc. (NYSE: R) has launched a limited-time discount program for women-owned businesses that are members of the Women in Trucking Association (WIT), offering 5% off pre-owned commercial vehicle purchases. This initiative reflects Ryder's commitment to enhancing customer experience in fleet management while supporting gender diversity in trucking careers. The company provides easy online access to its used vehicle inventory, with dedicated staff available for consultations. Ryder also supports education and training for women in transportation through scholarships, aiming to bridge the gender gap in the industry.
Ryder System, Inc. (NYSE: R) has sold its Miami headquarters campus for $42.1 million to Bridge Industrial. The 16.8-acre property, home to Ryder's 248,989-square-foot office since 2005, was deemed too large post-pandemic. CEO Robert Sanchez stated the decision to downsize was necessary due to reduced office space needs. Ryder will lease back the site for up to 12 months while seeking a new headquarters in the Coral Gables area, aiming for a space suited for a hybrid work model. Ryder remains committed to Miami-Dade County, where it was founded in 1933.
Ryder System, Inc. (NYSE: R) announced that its Chairman and CEO, Robert Sanchez, will address the J.P. Morgan Industrials Conference on March 14, 2023, at 2:50 p.m. EST. The conference will take place in New York City. Ryder is known as a leader in logistics and transportation, offering various solutions including supply chain management, dedicated transportation, and fleet management. Investors are encouraged to tune in to the live webcast available at Ryder's investor relations website.
Ryder System, Inc. (NYSE: R) will be represented by Chairman & CEO Robert Sanchez and Executive VP & CFO John Diez at Citi's 2023 Global Industrial Tech and Mobility Conference. Scheduled for February 22, 2023, at 8:50 a.m. ET in Miami Beach, FL, the event will feature insights into Ryder's logistics and transportation operations. Stakeholders can access a live webcast via the company's investor relations page.
Ryder is a leading player in logistics, managing over 239,000 commercial vehicles and operating more than 330 warehouses across North America, underscoring its significant market presence.
Ryder System, Inc. (NYSE: R) has authorized a new discretionary share repurchase program, allowing management to buy back up to 2.0 million shares of common stock from February 10, 2023, through February 10, 2025. This initiative aims to enhance capital structure flexibility while supporting balance sheet leverage, acquisition opportunities, and shareholder returns. As of January 31, 2023, Ryder had 46.3 million shares outstanding. The repurchases will be executed using working capital and could include various methods like open-market transactions, depending on market conditions and legal requirements.
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