Vehicle leasing and rental company Ryder System Inc. on Feb. 16 reported strong fourth-quarter and full-year 2021 earnings that easily exceeded Wall Street analysts’ expectations.
February 17, 2022Ryder System News Updates
Ryder Reports Q4, Full-Year Revenue Growth
Ryder Plans Acquisition of Logistics Services Provider Whiplash
Ryder System Inc. has entered into a definitive agreement to acquire e-commerce and omnichannel fulfillment provider Whiplash, the company announced Dec. 13.
December 13, 2021Gatik, Ryder Cooperate on Autonomous MD Fleet
Autonomous technology developer Gatik announced it will lease from Ryder System Inc. a fleet of medium-duty, multi-temperature box trucks designed for transporting goods autonomously to retail locations.
October 22, 2021Ryder Partners With Embark to Open Autonomous Truck Transfer Points
Ryder System and Embark Trucks are launching a nationwide network of transfer points that will be used to transition shipments from driverless longhaul trucks to driver-enabled last-mile trucks, the companies said Sept. 21.
September 23, 2021Ryder Reports Year-Over-Year Turnaround for Q2
Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.
July 29, 2021TuSimple, Ryder Partner on Terminals for Autonomous Trucks
Self-driving truck developer TuSimple and Ryder System Inc. announced a partnership intended to leverage select Ryder fleet maintenance facilities to serve as terminals on TuSimple’s Autonomous Freight Network.
July 29, 2021Ryder Teams With Bed, Bath & Beyond on Distribution Centers
Bed Bath & Beyond Inc. will partner with logistics specialist Ryder System Inc. to develop two distribution centers in Pennsylvania and California.
July 26, 2021Ryder Expands Last-Mile Delivery Network
Ryder System plans to extend expansion of its last-mile delivery network to meet growing consumer demand, the company said.
July 23, 2021Ryder Seeks $3.7 Million Default Judgment Against Chanje
Ryder Truck Rental Inc. asked a federal judge to issue a $3.7 million default judgment in its civil lawsuit against a Chinese-backed truck maker that allegedly failed to make good on promises to deliver 100 Class 5 electric vehicles to Ryder in 2017.
July 7, 2021January Sales Indicate Used Truck Market Is Poised to Grow
The average used Class 8 vehicle in January had higher mileage and sold for a little less than a year earlier, ACT Research reported, calling it an inkling of all the freight there was to haul in the second half of 2020.
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