R 📈 Ryder System - Overview

Ryder System Inc, a multinational logistics and transportation company, operates through three distinct segments: Fleet Management Solutions, Supply Chain Solutions, and Dedicated Transportation Solutions. The Fleet Management Solutions segment provides a comprehensive range of services, including full-service leasing and flexible maintenance options for commercial vehicles, as well as rental services for trucks, tractors, and trailers. Additionally, this segment offers contract maintenance services, access to diesel fuel, fuel planning, and tax reporting, all of which are designed to optimize fleet operations and reduce costs. Furthermore, Ryder System Inc sells used vehicles through its retail sales centers, website, and offers digital and technology support services to enhance the overall customer experience.

The Dedicated Transportation Solutions segment is focused on providing customized transportation services, including equipment, maintenance, and administrative support. This segment also offers specialized services such as routing and scheduling, fleet sizing, safety and regulatory compliance, risk management, and technology and communication systems support. By leveraging its expertise and resources, Ryder System Inc is able to help its customers streamline their transportation operations, improve efficiency, and reduce expenses. The company's dedicated transportation solutions are designed to meet the unique needs of each customer, whether it's managing a fleet of vehicles or providing specialized logistics support.

The Supply Chain Solutions segment is a critical component of Ryder System Inc's operations, providing a broad range of services designed to optimize customer supply chains. This segment offers distribution management services, including the design and management of distribution networks and facilities, as well as coordination of warehousing and transportation for inbound and outbound material flows. Ryder System Inc also provides international shipment management, just-in-time replenishment of component parts, and delivery services to customer distribution centers or end customers. Additionally, the company offers transportation management and brokerage services, including shipment optimization, load scheduling, and delivery confirmation, as well as knowledge-based professional services and e-commerce and last mile services.

With a history dating back to 1933, Ryder System Inc has established itself as a leading player in the logistics and transportation industry. Headquartered in Coral Gables, Florida, the company has developed a strong reputation for providing innovative solutions and exceptional customer service. Through its website, https://www.ryder.com, and other channels, Ryder System Inc offers a range of resources and tools to help customers manage their logistics and transportation needs. As a publicly traded company, listed on the New York Stock Exchange (NYSE:R), Ryder System Inc is committed to delivering long-term value to its shareholders, while also providing high-quality services to its customers. With its common stock listed under the ISIN US7835491082 and classified under the GICS Sub Industry: Cargo Ground Transportation, Ryder System Inc is well-positioned for continued growth and success in the years to come.