RYDER SYSTEM INC
Sector: Diversified Services
Latest Quote @ Wed Dec 12 23:33:59 (15 min delayed)
Last Day's Data
Ryder System, Inc. provides transportation, logistics, and supply chain management solutions. It operates in three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Contract Carriage (DCC). FMS segment provides leasing, commercial rental, and programmed maintenance solutions primarily in the U.S., Canada, and the United Kingdom. It also offers fleet support services, such as insurance, safety, vehicle administration, and fuel services. In addition, it provides its leasing customers with access to the used trucks, tractors, and trailers through its used vehicle sales program. As of December 31, 2004, the company had a fleet of approximately 137,800 commercial trucks, tractors, and trailers leased or rented through 719 locations in 48 states and Puerto Rico. Its customers include small businesses to national enterprises, which operate in beverage, newspaper, grocery, lumber and wood products, home furnishings, and metal industries. SCS segment provides supply chain consulting and logistics management solutions in North America, Latin America, Europe, and Asia. It offers professional services, distribution operations, and transportation solutions, as well as information technology solutions. This segment offers its services to customers operating in automotive, electronics, high-tech, telecommunications, industrial, aerospace, consumer goods, paper and paper products, office equipment, food and beverage, and general retail industries. DCC segment provides vehicles and drivers as part of a transportation solution in North America. It combines the equipment, maintenance, and administrative services of a full service lease with additional services, such as driver hiring and training; routing and scheduling; fleet sizing; safety; regulatory compliance; risk management; technology and communication systems support; and other technical support. The company was founded by James A. Ryder in 1933 and is headquartered in Miami, Florida.