Large US truckload carriers that engaged in mergers and acquisitions and expanded specialized services like dedicated trucking fared much better in 2019 than those that relied more on traditional dry-van business, according to JOC's 2020 Top 25 US Truckload Carrier Rankings, prepared by SJ Consulting Group.
Thursday July 9, 2020
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Ryder System
Ryder System
Ryder System, Inc. is a provider of commercial transportation, logistics, and supply chain management solutions, serving customers throughout North America, Europe and Asia. Founded in 1933 with headquarters in Miami, Florida, the company reported 2013 revenue of $6.3 billion, up 3 percent year-over-year. The company also recorded a net income of $238 million, up 13 percent from the previous year’s net income of $210 million.
Ryder System and its key segments — Ryder Fleet Management Solutions, Ryder Supply Chain Solutions, and Ryder dedicated — employ 28,900 individuals worldwide and operate a fleet of nearly 30,000 vehicles, one of the largest in the industry. Ryder offers integrated solutions in warehousing and distribution, transportation leasing and management, and dedicated and brokerage services.
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Jul 16, 2020 2:00PM EDT
Jul 30, 2020 1:00PM EDT
Press Releases
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
16 Apr 2019
Ryder urges shippers to apply for expedited clearance to mitigate disruption from US-Mexico cross-border congestion as it adds equipment and builds out its truck yards and warehousing space near the border.
05 Apr 2019
Ryder is creating new space in four warehouses and upgrading a trucking yard in Mexico to meet the country’s growing demand for industrial space, especially near the US border.
26 Feb 2019
Double-digit revenue increases may be more difficult to come by this year than in 2018, but profits and acquisitions are expected to fuel the fastest-growing truckload and LTL companies.
04 Apr 2018
With the acquisition, Ryder seeks to deliver capacity in last-mile logistics demanded by shippers, as customer fulfillment expectations rise in the e-commerce era.
02 Nov 2017
As the Dec. 18 ELD mandate draws closer, Ryder System said it will equip all of its rental trucks with portable ELDs, helping short-term truck renters comply with the law.
24 Aug 2017
Electronic logging devices will raise costs and complexity of renting trucks for seasonal business. Companies such as Ryder System want an ELD exemption for rental drivers.
23 Aug 2017
Ryder System and Chanje see opportunity for electric commercial vehicles in rapid growth of "final-mile" delivery business.
09 Jun 2017
As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.
21 Mar 2017
Shippers spent more on dedicated trucking and last-mile deliveries last year, benefiting top tier carriers. Will industrial and consumer freight follow in 2017?
03 Mar 2017
Dedicated trucking prevents deeper revenue decline at the Top 25 Truckload Carriers.
03 Feb 2016
Lower fuel prices and a softening used truck market constrained fourth-quarter revenue growth at Ryder System, but demand for Ryder’s fleet and supply chain services remained strong.
18 Nov 2015
More "abundant" truck capacity hasn't diminished shipper interest in dedicated truck fleets, as hardware retailer True Value demonstrated in a new agreement with Ryder System.
12 Nov 2015
The price of diesel may be at a six-year low point, but Ryder System sees continued interest in natural gas vehicles. Several customers, ranging from a dedicated trucking operator to a food service redistributor, have ordered natural gas-powered vehicles from Ryder recently.
26 Oct 2015
Ryder System is doing its best to make truck capacity more "abundant," adding 1,900 vehicles to its full service lease fleet since the second quarter as demand for lease and rental trucks continues to climb — a sign shippers are turning to Ryder for capacity.
13 Jun 2015
Ryder System is expanding its British truck rental fleet with 400 tractors equipped with Euro 6 emissions controls.
30 Apr 2015
UPS Freight is adding liquefied natural gas-powered tractors to its less-than-truckload fleet, cutting emissions and, hopefully, long-term term fuel costs. Shippers still want trucking partners to help them reach sustainability goals.
29 Jan 2015
Surpassing 30 million total miles, the natural gas trucks operated by Ryder System and its customers demonstrate the efficacy of natural gas as a vehicle fuel.
12 Nov 2014
Ryder System and Mansfield Clean Energy Partners are teaming up to offer natural gas vehicles and fuel to bulk carriers hauling gasoline and diesel.
30 Sep 2014
Truck rentals are "at an all-time high" as commercial operators seek new ways to match capacity and rising freight demand, a PacLease executive says.
26 Sep 2014
Ryder System is expanding its inland distribution network in Mexico, starting with a transloading center for Chrysler at the Gulf Coast Port of Altamira.
04 Sep 2014
The latest round of diesel emissions regulations is raising truck prices in Europe, adding as much as 15 to 20 percent to the ticket price of new straight trucks and tractors.
15 Aug 2014
As global demand for refrigerated transport service rises, Ryder Europe is adding more temperature-controlled trailers to its rental fleet in the United Kingdom.
05 Feb 2014
Ryder System reported its profit in the fourth quarter jumped 20 percent from $53.8 million in 2012 to $64.6 million in 2013...
23 Dec 2013
The 10 largest dedicated contract carriers increased revenue 3.9 percent in 2012, a big drop from a 17.5 percent surge in 2011. But their performance, which in part reflected weaker overall trucking demand in 2012 and a difficult comparison with the previous year’s strong gains in dedicated business, differed greatly from company to company.
22 Oct 2013
Ryder System reported its net income in the third quarter of 2013 was $71.1 million, dropping 5.3 percent year-over-year from $75.1 million.
17 Sep 2013
Karen Jones has joined Ryder System as senior vice president and chief marketing officer, reporting to Chairman and CEO Robert Sanchez.
23 Jul 2013
Ryder System today reported its profit in the second quarter of 2013 was $62.2 million, jumping 33.2 percent from $46.7 million in the second quarter of 2012.
18 Jul 2013
Menzies Distribution is replacing half of its large goods vehicle delivery fleet with 110 new Iveco trucks in a five-year contract hire deal with Ryder Europe, part of Ryder System.
20 Jun 2013
Ryder System has begun to take delivery of 39 light and medium duty compressed natural gas vehicles, which will be available in California for lease or rent.
24 Apr 2013
Ryder System reported profit in the first quarter of 2013 of $39.9 million, up from $34.3 million in the first quarter of 2012.
16 Apr 2013
Ryder Europe has delivered 17 new trucks on contract hire to Molan UK, an England-based polycarbonate and plastic roofing products company.
25 Mar 2013
Andrew Distribution has selected Ryder System to provide and maintain 18 new straight trucks under a full-service lease agreement.
11 Mar 2013
Eagle Distributing of Shreveport has signed a lease agreement with Ryder System for 23 compressed natural gas tractors.
08 Feb 2013
Transportation and supply chain management company Ryder System has appointed Thomas F. Pettit as senior vice president and general manager to its supply chain solutions business segment.
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