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| Type | Public (NYSE: R) |
|---|---|
| Founded | Miami, Florida, U.S. (1933) |
| Founder(s) | James Ryder |
| Headquarters |  Miami, Florida, U.S. |
| Key people | Gregory Swienton (Chairman, CEO) Robert Sanchez (CFO) |
| Industry | Transportation |
| Services | Fleet management Supply chain management Dedicated carrier Cargo truck rental |
| Revenue | ▲ US$6,565,990,000 (2007) |
| Operating income | ▲ US$405,460,000 (2007) |
| Net income | ▲ US$253,860,000 (2007) |
| Total assets | ▲ US$6,854,650,000 (2007) |
| Total equity | ▲ US$1,887,590,000 (2007) |
| Employees | 28,800 (2007) |
| Website | http://ryder.com |
| [1][2][3] | |
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Ryder System, Inc. (NYSE: R), or Ryder, is an American-based provider of transportation and supply chain management solutions with global operations.[4] Ryder specializes in fleet management, supply chain management and dedicated contracted carriage. Ryder operates in North America, the United Kingdom and Asia.
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History
Ryder was founded in Miami, Florida in 1933 by James, Ralph and Harry Ryder as a concrete hauling company. Within a few years, the business expanded to leasing trucks to other companies. This led to Ryder changing its focus from distribution to leasing. By 1939, Ryder's truck fleet had increased to 50. By the 1960s and 1970s, Ryder had expanded into the distribution and supply chain markets.
In 2008, Ryder acquired three regional competitors: Pollock, Lily Transportation and Gator Leasing.
Fleet management
Ryder's fleet management solutions business is its largest business segment, accounting for 57% of its consolidated revenue. These solutions consist primarily of contract-based full-service leasing and vehicle maintenance, but also includes truck rental and used vehicle sales. Ryder has a fleet of approximately 126,400 vehicles.
Supply chain management
Ryder's supply chain management solutions business makes up 34% of its consolidated revenue. As part of this, Ryder manages over 22,000,000 square feet (2,000,000 m2) of warehouse space.
See also
References
- ^ "Ryder History". Ryder System, Inc.. http://www.ryder.com/aboutus_cinfo_history.shtml. Retrieved 2008-08-07.
- ^ "Ryder Media Fact Sheet". Ryder System, Inc.. http://www.ryder.com/aboutus_mediakit_factsheet.shtml. Retrieved 2008-08-07.
- ^ "Ryder System, Inc.". Google Finance. http://finance.google.com/finance?q=R. Retrieved 2008-08-07.
- ^ "Ryder System Inc Company Profile". Reuters. http://www.reuters.com/finance/stocks/companyProfile?symbol=R.N. Retrieved 2008-08-08.
External links
- Ryder System, Inc. official website
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