-
Ryder's Fulfillment By Merchant Service Hopes To Get A Boost From Recent Amazon Move
Tuesday, July 28, 2020 - 8:59am | 990Two years ago, Ryder, a company known primarily for leasing trucks and being a major seller of used vehicles, set up a division called Ryder's E-commerce Fulfillment Solution. It was its version of Fulfillment by Merchant (FBM), an alternative for Amazon third-party sellers and other companies...
-
Falling Used Truck Values Weigh On Ryder Earnings
Thursday, February 13, 2020 - 2:03pm | 483Ryder System Inc. (NYSE: R) reported solid financial and operating results for the fourth quarter of 2019, a quarter that was spoiled by a collapse in used truck prices and subsequently higher depreciation expenses in Ryder's Fleet Management Solutions, which leases trucks to carriers. Ryder...
-
Ryder Expands COOP Truck-Sharing Program
Friday, January 24, 2020 - 8:53am | 1002Ryder System Inc. (NYSE: R) is expanding its managed sharing of underused trucks to Texas after finding strong interest from fleets in Georgia and Florida able to cover their lease payments and pocket cash from loaning their assets. COOP, the name of Ryder's truck-sharing business, has grown to...
-
Ryder Partners To Build Up Electric Vehicle Infrastructure
Thursday, January 2, 2020 - 5:42pm | 734Ryder System Inc. (NYSE: R) is partnering with a company that helps businesses switch their commercial vehicles to electric power from fossil fuels and a global infrastructure developer to make electric vehicle (EV) charging easier and cheaper. The partnership with California-based In-Charge...
-
Ryder Grows Revenue But Records Loss On Lower Used Truck Prices
Tuesday, October 29, 2019 - 10:17am | 671Ryder System (NYSE: R) reported its financial results for the third quarter of 2019 on October. 29. Revenue grew 3% to $2.2 billion, but the company reported a non-GAAP loss of $78.1 million, or $1.49 per share. The loss was primarily due to a non-cash depreciation charge related to a markdown of...
-
Ryder Transportation Management Director Named Influential Woman In Trucking
Thursday, October 3, 2019 - 11:58am | 754Ruth Lopez, the director of transportation management for Ryder, was named the 2019 Influential Woman In Trucking at the Women In Trucking Accelerate! Conference & Expo in Dallas on Oct. 1. Lopez was one of six finalists profiled at the conference. The other finalists taking the stage were...
-
Today's Pickup: Ryder Centralizes Customer Support With National Rollout Of RAN
Thursday, September 26, 2019 - 9:34am | 849Good day, Ryder (NYSE: R) has expanded a customer-support pilot program nationally, after a successful one-year trial in select markets. The company's Ryder Assist Now (RAN) is a single-source customer support center, offering a centralized point of contact to all Ryder Fleet Management Solutions...
-
Ryder Posts Record Sales And Earnings Across All Segments
Tuesday, July 30, 2019 - 2:24pm | 637Ryder System Inc. (NYSE: R) reported record second-quarter total and operating revenue across its fleet management, dedicated transportation and supply chain segments. But traders pummeled its shares because of weakness in used heavy-duty truck sales and rentals. Company shares traded at $53.54,...
-
Budweiser Going Green With Transport
Monday, September 15, 2014 - 9:44am | 657Anheuser Busch Inbev SA (ADR) (NYSE: BUD), like most companies, knows that going green has many benefits. They include reduced waste, a cleaner environment and positive public perception, to name just a few. That's why Anheuser-Busch recently announced that it planned to replace its Houston...
-
Stifel Nicolaus Upgrades Ryder To Buy, $60 PT
Tuesday, April 5, 2011 - 7:15am | 25Stifel Nicolaus has upgraded Ryder (NYSE: R) from Hold to buy and has established a $60 price target.
-
Ryder 3Q Earnings Beat Estimates
Friday, October 22, 2010 - 7:14am | 155Piper Jaffray has published a research report on Ryder System, Inc. (NYSE: R) following 3Q earnings that were reported above Piper and Consensus estimates. In the report, Piper Jaffray writes "R 3Q10 continuing EPS of $0.72 (41.7% y-o-y growth) was above our $0.67 estimate and Consensus of $0.66....