Ryder Sys Stock Price, News & Analysis

Ryder, a leader in supply chain, dedicated transportation, and fleet management, has recognized three truck drivers for their exemplary safety records and performance. The company's 'Driver of the Year' awards went to Darryl Tolle, Anslum Hudlin, and Richard Landry, who collectively have 122 years of driving experience and nearly 11.3 million safe miles. Tolle, with 41 years of experience, was recognized for his service in Ryder’s Supply Chain Solutions. Hudlin, with 43 years of experience, was honored for his work in Ryder’s Dedicated Transportation Solutions. Landry, a veteran driver for Ryder’s Fleet Management Solutions, is the first Canada-based winner of this award. This marks the 52nd year of Ryder's prestigious awards program, which emphasizes safety, performance, and customer service.

Ryder System, a leader in supply chain, dedicated transportation, and fleet management solutions, has announced its Q2 2024 earnings conference call for July 25, 2024, at 11:00 a.m. ET. Management, including Chairman and CEO Robert Sanchez and EVP & CFO John Diez, will discuss the company's financial results. The call will be webcast live, with a replay available on Ryder's investor website.

Participants can register via the provided link or join toll-free at 888-394-8218 (U.S.) or 323-994-2093 (international) using the audio passcode 'Ryder' and conference leader Calene Candela.

Ryder (NYSE: R), a leader in supply chain and fleet management, has been honored with Food Logistics' Top 3PL & Cold Storage Providers award for the 12th consecutive year. The award recognizes Ryder's innovative solutions in the cold food and beverage industry, including its cutting-edge technologies such as RyderShare™, a platform providing real-time visibility of goods across the supply chain. Ryder's services, enhanced by the recent acquisition of Impact Fulfillment Services (IFS), now cover co-packaging and co-manufacturing, particularly supporting consumer packaged goods (CPG). These advancements are aimed at improving supply chain resilience and efficiency for top Fortune 500 companies.

Ryder System (NYSE: R) has been recognized by Supply & Demand Chain Executive’s ‘Top Supply Chain Projects’ award for 2024. The accolade honors Ryder's transformation of supply chain operations for Southern Glazer's Wine & Spirits through its RyderShare™ platform. This digital solution enhanced visibility, productivity, and customer service, achieving 100% freight visibility, a 50% productivity increase, and a 98% on-time performance rating. RyderShare™ provided real-time actionable insights, addressing critical gaps in Southern Glazer’s supply chain and contributing to significant efficiency improvements.

Ryder System, a leader in supply chain, dedicated transportation, and fleet management solutions, will host its 2024 Investor Day in New York City on June 13, 2024. The event will feature presentations and Q&A sessions with senior leadership, including CEO Robert Sanchez and CFO John Diez. Ryder is increasing its long-term adjusted return on equity (ROE) target to 20%-22%, up from the previous 17%-19%. The company aims to accelerate profitable growth through operational excellence and customer-centric innovation. Webcast registration is required, and materials will be available on Ryder's Investor Relations website.

Ryder System will return to the Advanced Clean Transportation (ACT) Expo in Las Vegas from May 20-23. Chairman and CEO Robert Sanchez is set to deliver a keynote on May 22, titled “Fleet Electrification in the Real World,” addressing the economic impacts of converting diesel commercial vehicles to electric vehicles (EVs). Ryder's recent analysis, “Charged Logistics: The Cost of Electric Vehicle Conversion for U.S. Commercial Fleets,” highlights the total cost of transport (TCT) for light-, medium-, and heavy-duty commercial vehicles, emphasizing the affordability of light-duty EVs and the higher costs associated with medium- and heavy-duty EVs. During the event, Ryder will showcase their RyderElectric+ EV solutions, including advisors, EVs, chargers, and maintenance at booth #1944.

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.