Ryder sees lift in international supply chain business
Ryder System Inc. said it had a slight rise in third quarter profit, $65.5 million compared with $65.3 million in the year-earlier period.
Revenue in the quarter was $1.65 billion versus $1.62 billion a year earlier.
The company said its supply chain management business revenue for the quarter was $554.0 million, up 8 percent from the comparable period in 2006. It said revenue grew primarily due to new and expanded business, particularly in international markets, partially offset by a significant automotive plant closure and lower volumes within the company’s U.S. high-tech and telecom customer base.
Ryder sees lift in international supply chain business
