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) reported robust fourth-quarter results for 2021, with GAAP EPS of $3.36, a significant rise from $0.48 in the previous year. Total revenue reached $2.6 billion, up 17%, driven by strong performance in Fleet Management Solutions (FMS) and other segments. The company achieved a record return on equity (ROE) of 20.9% and free cash flow of $1.1 billion. For 2022, Ryder forecasts EPS growth of 7% to 18% and expects a 10% revenue increase, bolstered by a $300 million accelerated share repurchase program and ongoing strategic initiatives.
Ryder System, Inc. (NYSE: R) announces that Chairman & CEO Robert Sanchez and CFO John Diez will participate in Citi's 2022 Global Industrial Tech and Mobility Conference in Miami, FL on February 24, 2022, at 9:00 a.m. ET. The conference will offer insights into Ryder's logistics and transportation solutions, including their supply chain, dedicated transportation, and fleet management services. Interested parties can access the live webcast through Ryder's investor relations website.
Ryder System, Inc. (NYSE: R) has launched an evolved version of its RyderShare™ technology platform, enhancing visibility and collaboration across the supply chain. This unique platform now includes warehouse management capabilities, allowing real-time tracking of goods from transportation to storage. By eliminating industry silos, RyderShare has facilitated nearly six million shipments, improving productivity, labor efficiency, and on-time delivery. Customers have reported up to 90% faster organizational response times and significant savings in labor efficiency, while having the opportunity to boost sales by up to 5% through access to real-time inventory data.
Ryder System, Inc. (NYSE: R) has announced a quarterly cash dividend of
Ryder System, Inc. (NYSE: R) has partnered with REIN to launch 'Insurance Services by REIN' for its used vehicle sales customers. This comprehensive embedded insurance offering aims to streamline the insurance process at the point of truck purchase, enhancing customer experience. With 58 Used Truck Centers across the U.S., Ryder provides a vast array of pre-owned commercial vehicles. The new insurance services will be available starting February 1, simplifying the often complex insurance selection for customers.
Ryder System, Inc. (NYSE: R) announced its upcoming fourth quarter 2021 earnings conference call scheduled for February 16, 2022, at 11:00 a.m. Eastern Time. Management, including Chairman and CEO Robert Sanchez and CFO John Diez, will review the financial results during the call, which will be accessible via a live webcast. Investors can also call in using the provided toll-free numbers. Ryder is recognized for its leadership in logistics and transportation solutions, managing over 235,000 vehicles and 300 warehouses across North America and the UK.
Ryder System, Inc. (NYSE: R) announced the redemption of all outstanding 2.80% medium-term notes due February 11, 2022, with a total principal amount of $300 million. Investors will receive a redemption price equal to 100% of the principal plus accrued interest from September 1, 2021, to the redemption date. Following the redemption, interest will cease on these notes. Investors are advised to contact their banks or brokers for redemption payment details.
Ryder System, Inc. (NYSE: R) has completed two strategic acquisitions: Whiplash for $480 million on January 1, 2022, and Midwest Warehouse & Distribution System, enhancing its supply chain solutions. These acquisitions are expected to generate approximately $615 million in combined gross revenue for 2022, bolstering Ryder's e-commerce fulfillment network and multi-client warehousing capabilities. Whiplash brings a robust technology platform and a customer base of over 250 brands, while Midwest adds nine multi-client warehouses. The transactions aim to drive shareholder value and align with Ryder's growth strategy.
Ryder System, Inc. (NYSE: R) has secured a $1.4 billion five-year global revolving credit facility, expiring on December 14, 2026, involving 11 global institutions. This move is aimed at enhancing Ryder's liquidity for working capital and other corporate needs. CFO John Diez emphasized the importance of this agreement for solidifying Ryder's financial position. The transaction was supported by major banks including BofA Securities and MUFG Bank, showcasing strong confidence from financial partners.
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