Ryder Sys Stock Price, News & Analysis

Ryder System, Inc. (NYSE: R), a leading logistics and transportation company, announced its fourth quarter 2020 earnings conference call scheduled for February 11, 2021, at 11:00 a.m. Eastern Time. During the call, management will discuss the company's financial performance and results from Q4 2020. The event will be accessible via a live webcast. Ryder provides a range of solutions, including supply chain, dedicated transportation, and fleet management, operating across the U.S., Mexico, Canada, and the UK.

Ryder System, Inc. (NYSE: R) has been recognized in Food Logistics’ 2020 FL100+ Top Software and Technology Providers for the eighth consecutive year. This list highlights essential providers for the global food and beverage supply chain.

The company's cloud- and mobile-based technologies enable enhanced supply chain efficiency and productivity, crucial during the pandemic. Ryder supports nine of the top 10 food and beverage companies, showcasing its innovative solutions like RyderShare™ and OpsBox, which improve operational visibility and labor productivity by over 10%.

Ryder System, Inc. (NYSE: R) has received the 2020 SDCE Green Supply Chain Award from Supply & Demand Chain Executive magazine, recognizing its commitment to sustainability in logistics. The award highlights third-party logistics providers integrating eco-friendly practices into their operations. Ryder has reduced its CO2E emissions by over 21% since 2009 and supports clients in minimizing their carbon footprint. Initiatives include advanced vehicle technologies and a partnership for EV charging infrastructure, showcasing Ryder's role in enhancing sustainability in the supply chain.

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.

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.

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.