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Ryder System, Inc. - R STOCK NEWS

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.

Ryder System, Inc. (NYSE: R) is a Fortune 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Recognized for its industry-leading practices, Ryder boasts a significant presence in the logistics and transportation sector. The company is a proud component of the Dow Jones Transportation Average and the S&P 500 index.

Ryder operates through three core business segments:

  • Fleet Management Solutions (FMS): This segment offers full-service leasing, commercial rental, and maintenance services for trucks, tractors, and trailers. Customers benefit from flexible maintenance options tailored to their needs.
  • Supply Chain Solutions (SCS): Ryder provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last-mile delivery, and professional services.
  • Dedicated Transportation Solutions (DTS): This segment delivers turnkey transportation solutions within the U.S., featuring dedicated vehicles, professional drivers, and comprehensive management and administrative support.

Ryder's excellence is validated by its inclusion among Fortune's World's Most Admired Companies. The company's commitment to sustainability is reflected in its environmentally-friendly fleet and supply chain solutions. Ryder’s world-class safety and security programs further underscore its dedication to quality and reliability.

Ryder is also an active corporate citizen, supporting national and local disaster preparedness and response efforts as a member of the American Red Cross Disaster Responder Program. For more information, visit www.ryder.com, or follow Ryder on its various social media platforms including Facebook, Twitter, Google+, and YouTube.

Latest News:

  • June 11, 2024: Levi & Korsinsky informs shareholders about a settlement in the class action lawsuit against Ryder System, Inc. The $45,000,000 fund benefits class members who acquired Ryder stock between July 23, 2015, and February 13, 2020. For more details, visit here.
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Ryder System has pledged a multiyear $250,000 donation to the Howard University School of Business, specifically benefiting the Center for Excellence in Supply Chain Management (CESCM). This funding will support scholarships, internships, and curriculum development in supply chain management. Ryder’s partnership with Howard spans 17 years, positioning the school as a top supply chain program in the U.S. The donation aims to enhance education and address barriers faced by students due to the pandemic.

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Ryder System, Inc. (NYSE: R) announced a $30 million bonus for nearly 30,000 frontline employees in North America as recognition for their efforts during the pandemic. Full-time employees will receive $1,000, while part-time employees will receive $500, with payments scheduled for December 14. This initiative reflects Ryder's commitment to its workforce amid the COVID-19 crisis, where operations largely remained uninterrupted. The total expense will impact the fourth quarter results, underscoring Ryder's investment in employee wellbeing as a key factor in maintaining operational strength and customer service effectiveness.

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Ryder System, Inc. (NYSE: R) will participate in the Stephens Virtual Investment Conference on November 17, 2020. Scott Parker, the Executive Vice President and CFO, will provide a company update during the presentation scheduled for 3 p.m. Eastern Standard Time. Ryder is a prominent logistics and transportation company, managing over 250,000 vehicles and 300 warehouses across the U.S., Mexico, Canada, and the UK. The company is recognized for its industry-leading practices and services, which include supply chain solutions, dedicated transportation, and fleet management.

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Ryder System, Inc. (NYSE: R) will be featured in Baird's 2020 Virtual Global Industrial Conference, with CEO Robert Sanchez presenting a company update. The event is scheduled for Thursday, November 12, 2020 at 1:25 p.m. EST. The presentation will be available through a live webcast on Ryder's investor relations website. Ryder is a prominent logistics and transportation provider, offering services across the U.S., Canada, Mexico, and the U.K., with a fleet of over 250,000 vehicles and more than 300 warehouses, totaling 55 million square feet.

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Ryder System, Inc. (NYSE: R) reported its Q3 2020 financial results, showing a recovery from previous year losses. Key highlights include earnings before taxes of $54.8 million, compared to a loss of $91.3 million in 2019, and a diluted EPS of $0.85 versus a loss of $1.75 last year. Total revenue declined by 3% to $2.15 billion, with notable performance in Supply Chain Solutions, which rose by 11%. The company anticipates record free cash flow of $1.4 to $1.5 billion for 2020, alongside a resumption of its share repurchase program. CEO Robert Sanchez emphasized the improvements in used vehicle sales and rental markets amidst COVID-19 challenges.

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Ryder System, Inc. (NYSE: R) has launched RyderVentures, a new corporate venture capital fund aimed at investing $50 million over five years. The fund will focus on start-ups innovating in logistics and transportation technology amidst growing e-commerce demands. Ryder aims to leverage its extensive industry experience and customer base to expedite the development of solutions that address customer challenges. Through partnerships with start-ups, Ryder seeks to enhance its capabilities in automation, data analytics, and next-generation vehicles.

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Ryder System, Inc. (NYSE: R) has launched a touchless check-in process for drivers across nearly 800 maintenance locations in North America. This initiative enhances safety during the pandemic by minimizing in-person contact. The RyderGyde mobile tool utilizes geo-location technology, allowing drivers to check in through QR codes with minimal interaction. This innovation aims to improve both driver safety and operational efficiency, aligning with Ryder's commitment to customer service and health-focused experiences.

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Ryder System, Inc. (NYSE: R) has launched a new mobile-friendly used vehicle sales website, ryder.com/used-trucks, featuring expanded inventory and enhanced search tools to improve customer access to pre-owned vehicles. The site integrates inventory from 156 additional Ryder rental and maintenance facilities, allowing for a seamless online and physical shopping experience. Ryder has also opened several new used vehicle sales centers in key markets and plans further expansions, enhancing its presence in North America’s used vehicle market.

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FAQ

What is the current stock price of Ryder System (R)?

The current stock price of Ryder System (R) is $145.92 as of October 7, 2024.

What is the market cap of Ryder System (R)?

The market cap of Ryder System (R) is approximately 6.4B.

What services does Ryder System, Inc. provide?

Ryder offers fleet management, dedicated transportation, and supply chain solutions including full-service leasing, commercial rental, logistics, and turnkey transportation.

Is Ryder System, Inc. a Fortune 500 company?

Yes, Ryder System, Inc. is a Fortune 500 company.

What index is Ryder System, Inc. a part of?

Ryder is a component of the Dow Jones Transportation Average and the S&P 500 index.

What are the main business segments of Ryder?

Ryder operates through Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS).

Has Ryder received any industry recognition?

Yes, Ryder has been named among Fortune's World's Most Admired Companies and is recognized for its third-party logistics, environmentally-friendly solutions, and safety programs.

What is the recent news about Ryder System, Inc.?

Recently, a settlement of $45,000,000 was announced in the class action lawsuit against Ryder, benefiting shareholders who acquired stock between July 23, 2015, and February 13, 2020.

How can I learn more about Ryder's services?

For more information, visit Ryder's official website at www.ryder.com, or follow them on social media platforms like Facebook, Twitter, Google+, and YouTube.

What is Ryder's role in disaster response?

Ryder supports national and local disaster preparedness and response efforts as a member of the American Red Cross Disaster Responder Program.

Who are the notable partners of Ryder?

Ryder partners with major corporations and organizations to provide comprehensive fleet management, logistics, and transportation solutions.

How does Ryder contribute to sustainability?

Ryder is committed to sustainability through its environmentally-friendly fleet and supply chain solutions.

Ryder System, Inc.

NYSE:R

R Rankings

R Stock Data

6.36B
43.83M
2.24%
90.4%
1.32%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
Link
United States of America
MIAMI