A strong economy and demand for freight movement led Ryder System Inc. to declare record revenue for its final 2018 quarter and the full year.

Ryder System Inc. announced it has expanded its digital truck-sharing platform, Coop by Ryder, to South Florida.

Ryder System Inc. beat analysts’ expectations when the Miami-based company announced net income increased 51% in the third quarter.

Ryder System Inc. reported a second-quarter increase in revenue and profits, but a decline in per share earnings, due to tax-related adjustments and other costs.

Ryder System Inc. has completed the acquisition of all outstanding equity of Metro Truck & Tractor Leasing. Ryder now will operate Metro’s two Maryland facilities in Beltsville and Baltimore, which provide truck leasing, rental and maintenance services to more than 150 customers with a fleet of 900 units.

Ryder System Inc. has launched a smartphone app that permits commercial fleet users to get a vehicle into a repair facility for either scheduled or unexpected maintenance and also compare real-time fuel prices.

Ryder System generated record revenue and lower net earnings in the first quarter as strong sales for the Miami-based equipment leasing and logistics service provider were offset by a write-down of goodwill for its operations in the United Kingdom and higher expenses associated with the sale of used vehicles.

This report illustrates the results achieved by three different companies when they questioned whether it was better to lease or own their fleet. How did their decision affect not only their transportation costs, but how their business runs?