Ryder System

Ryder has been pushing to rely less on vehicle leasing, and it’s getting there. 

Here’s a first look at Ryder’s third quarter earnings.

Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.

Recent reports from Ryder System and Knight-Swift highlight significant total cost of ownership and poor range for electric trucks.

The Teamsters, which have been mostly winning lately, saw their union kicked out by some workers in Wisconsin.

Ryder has a plan in place to reduce its reliance on equipment leasing. Its progress could be seen in its earnings.

Ryder System is increasing its dedicated footprint with the acquisition of Cardinal Logistics.

The financial freezeout of startups by investors may be thawing as FOMU — the fear of messing up — begins to subside.

“The establishment of a Silicon Valley-based technology lab is a natural evolution for Ryder,” says Ryder’s CMO.

Ryder’s second-quarter performance was mixed, but it forecast a much stronger second half, sending the stock climbing.

According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.

Ryder’s earnings show that even though the company is focused on growing other parts of the business, leasing is still where it makes most of its money.

Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.

The debt rating of Ryder, already in investment-grade territory, was upgraded by S&P Global Ratings this week.

Ryder has sold its Miami headquarters campus to real estate firm Bridge Industrial for $42.1 million.

A golfer named Ryder is going to lead marketing for Ryder, and it all started with a memorable shot at a place like no other in golf.

From a Netflix-worthy docudrama at TuSimple to dueling technology announcements, autonomous trucking took steps toward commercialization.

Ryder’s Rob Pluta and Geotab’s Stephanie Voelker discuss how carriers and shippers can overcome technology fragmentation to create more efficient supply chains.

A theme emerges as you look around the electrification and autonomous trucking space. Practically no one does it alone.

Ryder has bought the rest of Baton, a logistics software startup that already had received funding from Ryder Ventures.

Kodiak Robotics snagged a strategic investment and is developing an autonomous truck service project with Pilot Co.

Logistics giant Ryder posted total revenue of $3.03 billion and earnings per share of $4.43 during the second quarter.

La dirección dice que la empresa puede alcanzar
valoraciones más altas con la estrategia actual

Ryder management told an investors meeting late last week it had rejected a takeover offer by an activist investor and can meet its valuation targets.

Baird analyst Garrett Holland says HG Vora’s offer to acquire Ryder System doesn’t fairly value a projected increase in earnings.

Ryder, which provides fleet, supply chain and transportation management, adds two new warehouses to its last-mile delivery network.

Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.

Valentine’s Day supply chain dance, retail returns may never end, and avocado toast prices are here to ruin millennials’ home-buying chances.

Ryder CTO Kendra Phillips discusses the company’s new warehouse platform for end-to-end visibility.

German shipper and delivery service DHL reserves 100 TuSimple autonomous trucks six weeks after joining Embark Trucks’ partner program.

FreightWaves founder and CEO Craig Fuller and Ryder CTO Kendra Phillips see visibility as a key driving force in FreightTech going forward.

Ryder appears to have paid a sum in line with current Whiplash revenue, a provider of final-mile services.

Infrastructure bill and trucking impact On Nov. 5, the U.S. House of Representatives passed the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) by a 228-206 vote after passage by […]

Kendra Phillips from Ryder System leads a fireside chat with Guillermo Garcia, CEO and co-founder of SmartHop, on how smaller companies can compete in the freight industry.

Teenagers are able to try their hands at truck driving as a high school elective class; the ports of Los Angeles and Long Beach are imposing fines for long dwell times; and Salt Lake City’s capacity woes.

A little more than a year ago, Ryder was dealing with too many used vehicles to sell. It is well past that now.

Used vehicle sales at the company were strong again.

Ryder System is closing its operations in Tracy, California, where the company operated a distribution center for PepsiCo.

The numbers that the company is getting on its used tractor and truck sales is outpacing the assumptions in last year’s big inventory writedown

Ryder supply chain president lays out goals of partnership with Bed, Bath and Beyond.

Ryder System’s Mike Plasencia and FreightWaves’ Andrew Cox announce the opening of nominations for the FreightTech Awards.

Kendra Phillips from Ryder System Inc. discusses on Wednesday how her company is embracing technology.

FreightWaves President George Abernathy and Ryder Chief Technology Officer Kendra Phillips explore how autonomous technology and other FreightTech will fit in with current networks.

Hyliion Holdings stock is getting hammered along with most electric vehicle startups, but CEO Thomas Healy is staying optimistic.

Join FreightWaves as we welcome Kendra Phillips, Chief Technology Officer and Vice President of New Products at Ryder System, and Ketan Karkhanis, Chief Product Officer at Turvo, for an hour-long webinar on Thursday, April 8 at 2pm ET.

New Class 8 truck orders are piling up, leading fleets to turn to used equipment to add capacity in a consumer-driven freight market.

Borrowing pegged to inflated stock price may become a problem for Workhorse Group in the aftermath of missing out on the U.S. Postal Service contract.

Ryder offers a wide range of alternative fuel vehicles based on customer demands, total cost of ownership and sustainability goals. FreightWaves interviewed Richard Mohr, CTO at Ryder, to dive deeper.

In today’s edition of The Daily Dash, transportation analysts say the good times will likely continue for the sector throughout 2021. Plus, Central Freight Lines is being sued for nonpayment of invoices, and International Roadcheck compliance numbers improve in 2020.

This white paper, developed in partnership with Ryder, examines the ways that e-commerce has changed the way we purchase and recieve goods, what the expectations are for a retailer in 2020 and how a smaller player can compete with the big box stores.

Industry speakers, technology demos and venture capitalists took center stage last week for FreightWaves’ FreightTech Venture Summit and LIVE @HOME events. Now you can catch sessions you may have missed or rewatch those that most interested you with a special rebroadcast of the events beginning Tuesday.

Ryder is using its fleet and supply chain as a laboratory for new technologies from startup companies it supports.

PowerFleet telematics will be deployed on more than 1,000 pieces of Ryder’s material-handling equipment at over 30 sites across North America.

Ryder and ABB executives explore why the adoption of electric vehicles is coming first to the last mile during FreightWaves’ Last Mile Logistics Summit.

Carriers, logistics businesses and technology providers make the cut in 2020.

FreightWaves Chief Strategy Officer JT Engstrom chats surface transportation outlook with Ryder’s head of transportation management at The Future of Logistics Real Estate summit.

You can find every FreightWaves podcast conveniently in one feed via the free FreightCasts channel on iTunes, Spotify or wherever podcasts are found.

Ryder System’s chief technology officer tells American Shipper’s Global Trade Tech Summit that the time is right to explore future supply chain technologies.

Autonomous trucking software developer Ike announced a partnership to deploy level 4 driverless trucks.

Driverless trucking startup Ike is lining up Ryder System, DHL and NFI Industries to test trucks equipped with its hardware and software.

Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on hand to build electric trucks into 2022.

Ryder System gets the first two Workhorse electric delivery vans for daily rental exposure through Ryder’s peer-to-peer truck-sharing program.

Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public, expects its shares to begin trading under its own name on the NASDAQ later this week.

Interest is rising in Workhorse’s electric truck-based drone delivery system as the company seeks $40 million credit line to scale production.

Nikola Corp. filled VectoIQ’s $230 million public shell company after former Wall Street analyst and General Motors executive Steve Girsky shopped more than 100 smart transportation companies and signed 75 nondisclosure agreements and six letters of intent.

Record fourth quarter revenues were spoiled by $118 million in extra depreciation costs.

Electric trucks in big numbers are still years away, but interest among truck makers and fleets is widespread and growing.

The interior of the Nikola Two semi-tractor takes cues from modern airplane cockpits.

Ryder is partnering with In-Charge Energy and ABB to make transition to electric vehicles easier.

Ryder System’s peer-to-peer truck sharing platform COOP connects truck owners with businesses interested in renting vehicles, helping maximize vehicle utilization.

Ryder Systems Inc. posted strong second-quarter revenue but reduced its second-half earnings guidance on weakness in used truck sales and rentals.

But Ryder’s 3PL division, Supply Chain Solutions, is expected to go into negative year-over-year growth next quarter.

Nikola Motor Company founder & CEO Trevor Milton admits that he is smart enough to know that there are smarter people than him in the world, and he wanted to leverage that expertise when building his new truck. Enter the industry’s top suppliers.

Lyft value falls; Europe’s air cargo traffic is on a decline; Ford’s CEO says that fully autonomous cars will not be a reality in the near future.

People in the Great Plains just can’t catch a break. After a “bomb cyclone” in mid-March slammed parts of Colorado, the Dakotas and Nebraska with heavy snow and destructive record-breaking winds – knocking out electricity to hundreds of thousands of customers – another storm is on the way this week. For an April storm, it may become historic for some places.

Human Rights Campaign survey shows most, least LGBTQ-friendly companies

Ryder System, Inc. (NYSE: R), a commercial fleet management company, announced the appointment of Scott T. Parker as executive vice president (EVP) and chief financial officer (CFO) to succeed Art Garcia, who announced his retirement in September 2018.

Innovations in last-mile delivery continue, but each faces challenges to widespread adoption, although UPS, which will trial Thor electric trucks, encourages fleets to test out new technologies.

Ryder System, Inc. (R: NYSE) presented its Service Excellence Awards to top-performing carriers at its ninth annual Mexican Carrier Recognition Event in Mexico City on January 17. The event – reported in a press release by Ryder on January 29 – recognized 20 Mexican carriers for their excellence in service in Ryder’s international supply chain.

Company looks to link states on peer-to-peer platform.

FedEx is expanding its alternative-fuel vehicle fleet with 1,000 electric vans from Chanje Energy, to be delivered over the next two years.

Ryder System (NYSE: R) reported record total revenue and record operating revenue for the third quarter. Both total and operating revenue grew across all business segments, which the company attributed to new business and higher volumes.