Firms in the U.S. have announced supply chain-related layoffs totaling 9,746 workers since the beginning of September.
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
The Teamsters are making gains at Amazon and among the company’s direct service providers, but the e-commerce retailer says not so fast.
UPS, Advance Auto Parts, Great Dane LLC and Ryder Transportation Solutions recently announced a total of 1,277 freight-related job cuts.
Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.
Teamsters update: The union has recently aligned with Amazon workers, won three elections and signed a new deal with a Ryder unit.
This week in Borderlands: Kuehne+Nagel is expanding in Texas to meet rising manufacturing demand; Canadian government opens cross-border trade office in Arizona; China-based automotive supplier opens factory in Aguascalientes, Mexico; and new 500,000-square-foot logistics hub being constructed near Dallas.
Ryder continues expanding its cross-border operations with a new logistics facility in El Paso, Texas.
Investors cheered Ryder’s earnings, which weren’t immune to the weakness in the trucking market.
More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.
Ryder has opened a new logistics center in Laredo, Texas, as trade continues to expand between the U.S. and Mexico.
Ryder has opened a major distribution center in Indiana for printing giant Lexmark, which has manufacturing sites in the U.S. and Mexico.
This week in Borderlands: Cargo insurance can boost cross-border operators’ business; Ryder System leases logistics center near Dallas–Fort Worth; Paccar Inc. announces $50M investment in Mexico truck factory; and thefts from cargo trains in Mexico rose in September.
Technology plays an increasingly large role in how supply chains operate and has created a sea change for the industry.
The December 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will find: […]
The November 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will find: […]
Truck leasing giant Ryder posted total revenue of $2.9 billion and earnings per share of $3.58 during the third quarter.
Ryder System Inc. is set to lay off 801 employees after losing work at an Applied Materials semiconductor plant in Austin, Texas.
Ryder rolls out warehouse automation that fits your profile.
Eight companies took home Best in Show awards at FreightWaves’ F3: Future of Freight Festival.
Used truck prices helped Ryder in comparison to last year, but the market is weak going forward.
TruckWings, the aerodynamic invention of Daniel Burrows, has more value than just the half-billion miles of on-road experience.
A report by S&P Ratings keeps Penske’s debt ratings at its current level, but the outlook is improved.
Logistics giant Ryder posted total revenue of $3.03 billion and earnings per share of $4.43 during the second quarter.
COOP by Ryder’s national sales manager discusses factors impacting volatility in freight markets during FreightWaves’ Small Fleet & Owner-Operator Summit.
La dirección dice que la empresa puede alcanzar
valoraciones más altas con la estrategia actual
Ryder management told an investors meeting late last week it had rejected a takeover offer by an activist investor and can meet its valuation targets.
Baird analyst Garrett Holland says HG Vora’s offer to acquire Ryder System doesn’t fairly value a projected increase in earnings.
Ryder, which provides fleet, supply chain and transportation management, adds two new warehouses to its last-mile delivery network.
El precio de las acciones acaba a unos pocos dólares de la oferta de HG Vora Capital; ¿valdrá Ryder más dividida que junta?
Ryder System is facing a possible hostile takeover bid, and looming is the question of whether the company is worth more apart than together.
Ryder’s earnings rose sharply over the first quarter of 2021, with used truck sales a significant contributor to profitability.
Gatik CEO Gautam Narang will detail middle-mile autonomy’s role in the future of the supply chain at FreightWaves’ upcoming The Future of Supply Chain conference.
Chargepoint will provide electric vehicle charging infrastructure for Gatik customers in the U.S. and Canada.
In affiliation with Ryder, FreightWaves’ data team recaps Q4 and highlights the trends that are likely to have an impact in the first half of this year.
With its foundation in place, Gatik looks to accelerate middle-mile autonomous deliveries across North America.
Ryder and Blume Global demo their Rydershare and ConnectGo Live freight technologies during FreightWaves’ Domestic Supply Chain Summit.
Finding capacity and orchestrating communication along supply chains.
Autonomous trucks hauling freight for Walmart are running with no driver in the seat in Arkansas, says autonomous vehicle company Gatik.
Ryder has made an investment in and offered vehicles on lease to autonomous technology company Gatik to speed middle-mile autonomous deliveries.
The e-commerce fulfillment company gets a nice raise to deliver on its promise of “instant commerce” in 20 minutes or less.
Ryder System is closing its operations in Tracy, California, where the company operated a distribution center for PepsiCo.
Bed Bath & Beyond said it has become the first home goods retailer to list its products directly on DoorDash Marketplace, giving it the opportunity to reach more potential customers with same-day delivery.
A dedicated fleet gives you the tools needed to meet industry challenges, increase reliability, and focus on your core business.
On this episode of Medically Necessary, Matt Blois explores how Ryder is working to bring more visibility to beef up health care supply chains.
On this episode of Medically Necessary, Matt Blois digs into how emerging logistics technology is taking aim at patient experiences.
Ryder’s Kevin McCarthy highlights what small businesses miss about the hidden costs of owning versus leasing.
FreightWaves President George Abernathy and Ryder Chief Technology Officer Kendra Phillips explore how autonomous technology and other FreightTech will fit in with current networks.
Ryder is a major supplier of used trucks to the market, and its numbers showed a healthy second sales demand in the quarter.
FreightWaves’ JT Engstrom and Ryder’s Steve Martin discuss facets of dedicated truckload operations, including service metrics, pricing levels and driver retention.
The capital will drive volume growth and help Baton expand to new markets.
Even as the relationship between Ryder and Chanje was hitting the rocks, Ryder continued to do new deals with the supplier of electric vehicles and touted its role in the company’s green plans.
In today’s edition of The Daily Dash, freight rates continue to rise. Plus, FMCSA has asked for a delay in a lawsuit seeking to roll back HOS rules, and Haul is attracting some of the most prominent names in the industry as investors.
Ryder CEO Robert Sanchez gets two opportunities to talk about the company’s outlook, in an earnings call and at a Citi conference.
The first reaction to earnings at Ryder from Wall Street was decidedly negative.
Ryder offers a wide range of alternative fuel vehicles based on customer demands, total cost of ownership and sustainability goals. FreightWaves interviewed Richard Mohr, CTO at Ryder, to dive deeper.
Convoy continued to introduce new innovations in 2020, helping it rank third in FreightWaves’ FreightTech 25 ranking of innovative companies in freight.
USA Truck will deploy Trucker Tools’ Smart Capacity solution, while Penske adds tracking solution as Trucker Tools continues to add large transportation partners to its platform.
This white paper, developed in partnership with Ryder, examines the ways that e-commerce has changed the way we purchase and recieve goods, what the expectations are for a retailer in 2020 and how a smaller player can compete with the big box stores.
Payouts will be $1,000 to full-time workers, covering about 75% of all company employees
Ryder’s Dave Belter joined FreightWaves President George Abernathy Friday as part of FreightWaves LIVE @HOME to discuss an “Inside Look: The Freight Market During the Upcoming Holiday Season.”
In today’s edition of The Daily Dash, peak season could be among the most volatile in years if current data trends continue. Plus, grading the success of the president, and Amazon’s logistics network just keeps growing.
Ryder and ABB executives explore why the adoption of electric vehicles is coming first to the last mile during FreightWaves’ Last Mile Logistics Summit.
Disruption continues to be the prime focus of supply chains, whether it’s positive business surges or times of crisis. Overcoming these disruptors requires an operation with complete visibility, flexibility, and optimization across the entire supply chain journey.
In today’s edition of The Daily Dash, several safety groups have sued FMCSA to stop upcoming changes to HOS rules. Plus, Convoy seeks to eliminate the request for proposal process, FreightWaves announces enhancements to SONAR and a Stanford dropout reimagines loading docks.
Autonomous trucking software developer Ike announced a partnership to deploy level 4 driverless trucks.
New rewards program could save small fleets and owner-operators up to $35,000 per truck annually in services they use daily.
Ryder launches multimedia ad campaign to spotlight its supply chain capabilities.
In today’s edition of The Daily Dash, second-quarter earnings are coming fast and furious, and if you are looking to them for definitive answers on the economy, you might be disappointed. Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen?
Accelerated depreciation of the value of its inventory has been a key financial undertaking this year, and is a topic of discussion on the company’s earnings call with analysts.
Net income was hit by an earlier writedown of its used vehicle values; company doesn’t see that market getting back to pre-pandemic levels until 2022
In today’s edition of The Daily Dash, opposition to the federal excise tax ramps up efforts to suspend the tax, CSCMP honors Matthew Waller and drivers sound off on their employers.
As Amazon tightens the rule for users of its fulfillment service, competitors are seeing an opportunity
Ryder System has added Trucker Tools carrier engagement and freight-matching tools to its brokerage operation.
Turvo has been building the next-generation of supply chain management, hoping its solution can replace a traditional TMS and redefine logistics collaboration.
Ryder is leveraging technology from Turvo to build an integrated technology platform connecting disparate parts of the supply chain. Plus, China halts some U.S. imports and packages at USPS are backing up
Accelerated depreciation it set at a “trough” level from 2002
Terms shorten to 3-4 years from 5-7 years.
Workhorse said its electric delivery van will enter production in the next few weeks, with various configurations and sizes to be offered eventually.
Record fourth quarter revenues were spoiled by $118 million in extra depreciation costs.
Ruth Lopez receives award at the Women In Trucking Association’s annual conference this week.
K&B Transportation says FourKites’ new Appointment Manager for scheduling shipments could save its dispatchers up to 8 hours per week.
Staying on top of repair and maintenance is one of the most important elements in securing your truck’s lifespan.
The Women in Trucking Association (WIT) received more than $30,000 in donations during its 10th annual Salute to Women Behind the Wheel ceremony.
Ryder System, Inc. (R: NYSE) presented its Service Excellence Awards to top-performing carriers at its ninth annual Mexican Carrier Recognition Event in Mexico City on January 17. The event – reported in a press release by Ryder on January 29 – recognized 20 Mexican carriers for their excellence in service in Ryder’s international supply chain.
Company looks to link states on peer-to-peer platform.
Investment bank Stifel Nicolaus (NYSE: SF) thinks that publicly-traded truckload stocks are now an attractive buy, with higher earnings available at reasonable valuations. That’s just one takeaway from a raft of research released this week by Stifel and Morgan Stanley (NYSE: MS) as the banks look forward to what next year holds for transportation.
FedEx is expanding its alternative-fuel vehicle fleet with 1,000 electric vans from Chanje Energy, to be delivered over the next two years.
Some of the stocks that were getting hammered at midday recovered on the back of the broader market rebound by the close. One exception: Ryder.
Ryder System (NYSE: R) reported record total revenue and record operating revenue for the third quarter. Both total and operating revenue grew across all business segments, which the company attributed to new business and higher volumes.
There’s no particular pattern in seeing which stocks have declined significantly more than the drop in the overall S&P 500 index.
Coverage of three companies were launched with a “buy” rating, while three of them got “hold” ratings.
After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).
Used truck prices in June were changed little month-over-month, but posted a 15% increase over June 2017, according to ACT Research.
Growth in its dedicated and ChoiceLease programs drove a strong second quarter for Ryder System (NYSE: R), helping the leasing and rental giant surpass earnings expectations for the second straight quarter.
As alternative energy continues to make headlines, companies are adding more electric vehicles their fleets. Both Ryder and UPS announced significant EV additions earlier this month.
Prices for used vehicles are expected by the company to stay flat for the remainder of the year.
The Federal Motor Carrier Safety Administration has formally extended an ELD waiver for livestock and insect haulers until Sept. 30, 2018, under terms of the waiver that was included in the Fiscal Year 2018 Omnibus Appropriations Bill.
To help fleets maximize the value of their equipment, Ryder has launched an Airbnb-type sharing platform that facilities the rental of idle equipment to those in need.
