The Latest Breaking News from Ryder

Deals in the last week have involved the likes of Etika Clothing, Ryder Architecture, Filtronic and Sweet Dreams

Ryder Architecture has expanded its London presence and is now moving into a bigger base in Fitzrovia

Ryder System, Inc. (NYSE:R) expands its freight brokerage business with a new office in Nashville, Tennessee, a burgeoning U.S. logistics hub, followed by two additional locations planned to open in 2023. Ryder now has freight brokerage offices in Novi, Michigan, and Fort Worth, Texas, as well as the new Nashville location, which opened…

Ryder System, Inc. (NYSE:R) opened a third multiclient omnichannel distribution center in Columbus, Ohio. The center is ~440,000 square feet and is the largest Ryder e-commerce distribution center in the Columbus area. "This latest expansion aligns with our broader strategy to get ever-closer to the end consumer to continually improve our customers'…

The panel is preparing to carry out the difficult task of choosing the finalists and winners for this year's awards

TIP Trailer Services, a portfolio company of I Squared Capital, has agreed to acquire the trailer leasing and maintenance business of Ryder System, Inc. (NYSE:R) Ryder Ltd. Deal terms were not disclosed. Ryder Ltd provides commercial vehicle rental, contract hire, maintenance, and dedicated delivery solutions in the U.K. TIP will integrate Ryder assets and…

Ryder System, Inc. (NYSE:R) reported fourth-quarter revenue growth of 17.5% year-over-year to $2.6 billion, beating the consensus of $2.48 billion. Operating revenue increased by 14% Y/Y to $2.1 billion. Adjusted EPS improved to $3.52 from $0.83 in 4Q20, beating the consensus of $2.47. Revenue by segments: Fleet Management Solutions (FMS) $1.49 billion (+12% Y/Y),…

Notable deals this week include the Inn Hospitality Group, Power Roll, Ryder and Nigel Wright

The deal to add the London comes after collaborating on a number of projects over recent years

The Newcastle practice, which has bases around the world, also opened a new office in Manchester last year

With rebounding economic activities and expanding international trade, rental and leasing services companies are seeing increasing business volumes. Furthermore, a growing number of start-ups are moving to expand the leasing industry’s customer base. Thus, we think shares of popular rental and leasing service providers Amerco (UHAL), Triton (TRTN), and Ryder…