Ryder System

Ryder System

About Ryder System

Simplify's Rating
Why Ryder System is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Company Size

N/A

Company Stage

IPO

Headquarters

Miami, Florida

Founded

1933

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Fleet management market to grow at 20.07% CAGR through 2032.
  • Ryder's Baa2 rating indicates a stable financial position for growth.
  • Ryder's $1.150 million donation shows strong corporate social responsibility.

What critics are saying

  • Autonomous vehicle technology could disrupt Ryder's fleet management services.
  • Rising fuel costs may impact Ryder's profitability.
  • Electric vehicle trends may require significant fleet investment.

What makes Ryder System unique

  • Ryder's acquisition of Cardinal Logistics enhances its specialized transportation services.
  • Ryder is consistently recognized as a top employer and industry leader.
  • John J. Diez's appointment as COO may bring fresh strategic direction.

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Company News

The Trucker
Apr 9th, 2025
Ryder named among "America's Most Innovative Companies"

Home > business > Ryder named among "America's Most Innovative Companies"

SRM Today
Mar 30th, 2025
Ryder System leaders recognised in 2025 Pros to Know awards

**Miami**: Ryder System, Inc. celebrates the achievements of Cherie Brinkerhoff, Kevin Askew, and Sandy Hodes, honoured in the 2025 Pros to Know awards.

Florida Headline
Mar 27th, 2025
Fleet Management Market is to grow at a 20.07 % CAGR, with the United States leading the market through 2032

Ryder greatly expanded its specialized transportation services when it purchased Cardinal Logistics in February 2024.

Business Wire
Mar 5th, 2025
Ryder Chairman & CEO Robert Sanchez to Address J.P. Morgan 2025 Industrials Conference

Ryder Chairman & CEO Robert Sanchez to address J.P. Morgan 2025 Industrials Conference.

FreightWaves
Mar 3rd, 2025
Penske Truck Leasing hangs on to investment-grade debt rating from Moody's

Ryder Corp. (NYSE: R), which competes with Penske Truck Leasing on truck rentals, also has a Baa2 rating at Moody's.

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