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.
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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.
Ryder System reported its profit in the fourth quarter jumped 20 percent from $53.8 million in 2012 to $64.6 million in 2013, ending the year on an upswing after profit fell in the previous quarter.
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Press Releases
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.
