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Ryder System Inc (R.N)

R.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fedex Acquires 1,000 Chanje Electric Vehicles
Tuesday, 20 Nov 2018 

FedEx Corp ::FEDEX ACQUIRES 1,000 CHANJE ELECTRIC VEHICLES.FEDEX CORP - DELIVERY TRUCKS TO BE OPERATED BY FEDEX EXPRESS.FEDEX CORP - FEDEX IS PURCHASING 100 OF VEHICLES FROM CHANJE ENERGY INC AND LEASING 900 FROM RYDER SYSTEM, INC.FEDEX CORP - VEHICLES ARE MANUFACTURED BY FDG IN HANGZHOU, CHINA, AND PURCHASED THROUGH CHANJE ENERGY INC.FEDEX CORP - RYDER SYSTEM, INC. WILL PROVIDE SUPPORT SERVICES FOR ALL OF VEHICLES.FEDEX CORP - ALL OF EVS WILL BE OPERATED IN CALIFORNIA.FEDEX CORP - EXPANDING ITS FLEET TO ADD 1,000 CHANJE V8100 ELECTRIC DELIVERY VEHICLES.FEDEX - PURPOSE-BUILT ELECTRIC VEHICLES WILL BE OPERATED BY FEDEX EXPRESS FOR COMMERCIAL, RESIDENTIAL PICK-UP AND DELIVERY SERVICES IN U.S..  Full Article

Ryder System Reports Q3 Revenue $2.2 Billion
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Ryder System Inc ::RYDER REPORTS THIRD QUARTER 2018 RESULTS.Q3 REVENUE $2.2 BILLION VERSUS I/B/E/S VIEW $2.11 BILLION.SEES FY 2018 GAAP EARNINGS PER SHARE $4.88 TO $4.98.SEES Q4 2018 GAAP EARNINGS PER SHARE $1.73 TO $1.83.Q3 GAAP EARNINGS PER SHARE $1.69 FROM CONTINUING OPERATIONS.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $5.72 TO $5.82 FROM CONTINUING OPERATIONS.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $1.75 TO $1.85 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE VIEW $1.64 -- THOMSON REUTERS I/B/E/S.Q3 COMPARABLE EPS FROM CONTINUING OPERATIONS UP $0.30 OR 22% TO $1.64.RYDER SYSTEM - Q3 PRE-TAX EARNINGS UP DESPITE USED VEHICLE SALES, DEPRECIATION HEADWINDS, HIGHER MAINTENANCE COSTS ON CERTAIN OLDER-MODEL VEHICLES.REVISED FULL-YEAR 2018 COMPARABLE EPS FORECAST RANGE (NON-GAAP) OF $5.72 TO $5.82 VERSUS PRIOR FORECAST OF $5.62 TO $5.82.OUTLOOK FOR CHOICELEASE FLEET GROWTH REMAINS AT A RECORD 8,500 VEHICLES FOR FULL YEAR.RYDER - SEE YOY EARNINGS GROWTH IN Q4 IN FLEET MANAGEMENT DRIVEN BY STRONG OPERATING PERFORMANCE, LOWER USED VEHICLE SALES IMPACT, DEPRECIATION HEADWINDS.RYDER SYSTEM - EXPECT STRONG RENTAL DEMAND ENVIRONMENT, FAVORABLE Y-O-Y RESULTS, ALTHOUGH TO LESSER EXTENT, DUE TO MORE CHALLENGING PRIOR-YEAR.ANTICIPATE USED VEHICLE INVENTORY TO REMAIN NEAR LOW END OF TARGET RANGE FOR 2018.OUTLOOK FOR USED VEHICLE SALES PRICING REMAINS STABLE AT RECENT LEVELS.  Full Article

Ryder System Sets Quarterly Cash Dividend
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Ryder System Inc ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.54PER SHARE.  Full Article

Ryder Completes $1.4 Bln Global Revolving Credit Facility
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Ryder System Inc ::RYDER COMPLETES $1.4 BILLION GLOBAL REVOLVING CREDIT FACILITY.RYDER SYSTEM INC - ESTABLISHED A NEW $1.4 BILLION FIVE-YEAR GLOBAL REVOLVING CREDIT FACILITY WHICH WILL EXPIRE ON SEPTEMBER 27, 2023.RYDER SYSTEM INC - NEW CREDIT FACILITY REPRESENTS A $200 MILLION INCREASE IN SIZE OF RYDER'S EXISTING CREDIT FACILITY.  Full Article

Ryder Chief Financial Officer Art Garcia To Retire
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Ryder System Inc ::RYDER CHIEF FINANCIAL OFFICER ART GARCIA TO RETIRE.RYDER SYSTEM INC - ART GARCIA, EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, WILL RETIRE FROM COMPANY ON APRIL 30, 2019.RYDER SYSTEM - RYDER WILL IMMEDIATELY LAUNCH A SEARCH FOR A NEW CFO.RYDER SYSTEM - GARCIA WILL CONTINUE IN HIS ROLE UNTIL A SUCCESSOR IS NAMED, & THEREAFTER, HE WILL SERVE AS SPECIAL ADVISOR TO CEO UNTIL HIS RETIREMENT.  Full Article

Ryder Increases Quarterly Cash Dividend
Friday, 13 Jul 2018 

July 13 (Reuters) - Ryder System Inc ::RYDER INCREASES QUARTERLY CASH DIVIDEND.SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.54PER SHARE.RYDER SYSTEM - QUARTERLY CASH DIVIDEND OF $0.54/SHARE OF COMMON STOCK REFLECTS INCREASE OF $0.02 FROM $0.52 CASH DIVIDEND THAT CO DECLARED ON FEB 12.  Full Article

Ryder Acquires Metro Truck & Tractor Leasing
Monday, 18 Jun 2018 

June 18 (Reuters) - Ryder System Inc ::RYDER ACQUIRES METRO TRUCK & TRACTOR LEASING, EXPANDING ITS FLEET MANAGEMENT SOLUTIONS FOOTPRINT IN THE BALTIMORE METRO AREA.RYDER SYSTEM INC - ACQUISITION, COMPLETED ON JUNE 15, 2018, IS EXPECTED TO BE SLIGHTLY ACCRETIVE TO EARNINGS THIS YEAR.  Full Article

Ryder Enters Announces Launch COOP By Ryder
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Ryder System Inc ::RYDER ENTERS THE SHARING ECONOMY WITH COOP BY RYDER™, THE FIRST-EVER PEER-TO-PEER DIGITAL PLATFORM FOR COMMERCIAL VEHICLE SHARING.RYDER SYSTEM INC - ‍LAUNCH OF COOP BY RYDER, A ASSET SHARING PLATFORM​.  Full Article

Ryder Authorizes New Anti-Dilutive Program To Repurchase Up To 1.5 Mln Shares
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ryder System Inc ::RYDER AUTHORIZES NEW ANTI-DILUTIVE PROGRAM TO REPURCHASE UP TO 1.5 MILLION SHARES.RYDER SYSTEM INC - NEW PROGRAM REPLACES RYDER'S PREVIOUS ANTI-DILUTIVE PROGRAM, WHICH EXPIRED IN DECEMBER 2017.RYDER SYSTEM INC- AUTHORIZED TO REPURCHASE UP TO 1.5 MILLION SHARES OF COMMON STOCK UNDER EMPLOYEE STOCK PLANS FROM DEC 1, 2017 THROUGH DEC 13, 2019.  Full Article

Ryder reports Q3 EPS of $1.11 from continuing operations
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Ryder System Inc :Ryder reports third quarter 2017 results.Q3 non-GAAP earnings per share $1.33 from continuing operations.Q3 GAAP earnings per share $1.11 from continuing operations.Q3 revenue $1.8 billion versus I/B/E/S view $1.81 billion.Q3 earnings per share view $1.29 -- Thomson Reuters I/B/E/S.Sees FY 2017 GAAP earnings per share $3.95 to $4.05.Sees Q4 2017 GAAP earnings per share $1.16 to $1.26.Ryder System Inc says ‍revised full-year 2017 comparable EPS forecast range (non-GAAP) of $4.46 to $4.56 versus prior forecast of $4.38 to $4.58​.  Full Article

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FedEx expands fleet to add 1,000 Chanje electric vans

FedEx Corp said on Tuesday it plans to add 1,000 Chanje electric delivery vans to its fleet of vehicles in a bid to save on fuel and cut down on pollution.