Ryder System, Inc, commonly known as Ryder, is an American transportation and logistics company.
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25 Facts About Ryder
2.
Ryder specializes in fleet management, supply chain management, and transportation management.
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5.
In 2008, Ryder acquired three regional competitors: Pollock NationaLease, Lily Transportation and Gator Leasing.
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7.
In January 2022, Ryder completed the acquisition of Whiplash for approximately $480 million in cash.
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8.
In December 2016 Ryder became the exclusive provider of maintenance and distribution for the hydrogen fuel cell, electric-drive truck of the Nikola Motor Company .
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9.
Ryder is considering the adoption of more electric vehicles when there is more evidence that the company will spend less on truck maintenance.
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10.
Ryder is examining electric engines in driving situations in which gasoline and diesel engines are less efficient.
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11.
In 2018 Ryder reserved 500 Chanje Energy medium-duty electric panel vans for commercial truck rental and the ChoideLease fleet.
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12.
Ryder is the exclusive maintenance provider for Workhorse's electric fleet in North America.
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13.
In January 2020 Ryder began a partnership with In-Charge Energy, Inc and ABB, a provider of industrial automation and technology to provide electric vehicle charging to Ryder's customers.
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14.
In June 2020 Ryder began a partnership with Turvo, a provider of collaborative logistics software to launch a digital platform to connect various pieces of the supply chain.
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15.
Ryder appointed John Diez to be its new executive VP and chief financial officer in May 2021, taking over from Scott Parker.
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16.
Under full-service leasing Ryder owns and maintains the trucks and the customer decides where they go.
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18.
In 2013, Ryder launched a new name and identity for this program called Ryder Dedicated.
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19.
Ryder expanded its Last Mile Delivery service for bulky and large goods to 11 markets in North America.
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20.
In February 2019 Ryder launched a program for e-commerce that allows manufacturers to ship directly to consumers instead of using third-party shipping for small to large products.
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21.
In 1996, Ryder decided to focus on commercial truck rental and leasing, and exited the "one-way" business arena; which it was purchased by equity firm Questor Partners Fund LP, who later sold it to Budget Truck Rental in June 1998.
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22.
In 2017 Ryder launched electric truck rentals in California, and Chicago, Illinois.
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23.
Ryder's headquarters are located in an unincorporated area in northwest Miami-Dade County, Florida, near the Miami Dade-County, Broward County boundary line.
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24.
In 2002, after taking a year-long study of 22 potential headquarters sites in South Florida, Ryder announced that it would move its headquarters to another location in northwest Miami-Dade County.
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25.
Ryder has a Shared Services Center in Alpharetta, GA that employs over 500 people and provides support to all FMS operations.
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