Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains
Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.
July 26, 2024Ryder: Switching to a Class 8 EV May Double Vehicle Costs
A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.
May 14, 2024DHL Expands Retail Presence in D.C. Area
DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.
April 29, 2024Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals
Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.
February 14, 2024Ryder to Buy Impact Fulfillment Services
Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
October 24, 2023Ryder Spotlights Investments in E-Commerce at CES
LAS VEGAS — While many of the exhibits at CES 2023 focused on next-level vehicle technologies, some other companies highlighted their efforts to enhance supply chains in the wake of the COVID-19 pandemic and meet the ever-increasing demand for home delivery of products ordered online.
January 8, 2023Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
June 16, 2022Sponsored ContentRyder Expands Last-Mile Delivery Network With Boise Hub
Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.
May 17, 2022Ryder, REIN Offer Used Truck Embedded Insurance
Ryder System Inc., a supply chain, dedicated transportation and commercial fleet management company, announced it launched insurance services by REIN to Ryder used-vehicle sales customers. REIN offers embedded and digital insurance products.
February 1, 2022Waymo to Build Facility in Dallas, Partner With Ryder on Maintenance
Autonomous truck developer Waymo Via announced plans to build a nine-acre facility near Dallas that will serve as a regional hub for advancing operations and service for automated Class 8 trucks.
August 18, 2021