Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue
Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.
October 24, 2024Nearshoring Trend Drives More Border Growth
The nearshoring trend has been driving further transportation and logistics investments near the Mexican border as companies work to capture current and expected future growth.
March 4, 2024Ryder Gets $4.4 Billion Takeover Offer From HG Vora
Ryder System Inc. on May 13 confirmed receipt of a $4.4 billion offer to be acquired by HG Vora Capital Management, a proposal that Wall Street analysts said reflects the high value the potential buyer sees in the leasing company’s business.
May 13, 2022Ryder to Shutter California Distribution Center, Lay Off 145 Workers
Trucking and logistics company Ryder System will cease operations at its Moreno Valley, Calif., distribution center, leading to layoffs for 145 employees there.
April 8, 2019Fleets Reap Riches by Expanding Into Last-Mile Service
Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.
January 9, 2019Ryder Reserves 500 Chanje Electric Panel Vans
Ryder System has reserved 500 new Chanje Energy medium-duty electric panel vans for its North American truck rental and ChoiceLease fleet, the company announced June 7.
June 8, 2018Ryder to Provide Transportation Needs for Mattel at Toy Maker’s New Plant
Ryder System Inc. will provide dedicated transportation, logistics and fleet management for Mattel Inc. at the toy maker’s Jonestown, Pa., distribution center.
August 1, 2017