Ryder System, Inc. (), or Ryder, is an American provider of transportation, and supply chain management solutions with worldwide operations.^[1] Ryder also specializes in fleet management and contracted carriage. Ryder operates in North America, Latin America, Europe and Asia.

History

Ryder was founded in Miami, Florida in 1933 by James A. 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 contract maintenance, but also include truck rental, maintenance and fleet support. Ryder has a U.S. fleet of approximately 126,400 vehicles.

<gallery> Image:'03-'07 Ford E-450 (Ryder).JPG|A 2003-07 Ryder Ford E-450 Image:Chevrolet Express (Ryder).jpg?|A 2003-present Chevrolet Express from Ryder </gallery>

Supply chain management

Ryder's supply chain management solutions business makes up 34% of its consolidated revenue. As part of this, Ryder manages over of warehouse space.

See also

• Budget Truck Rental
• U-Haul

References

External links

• Ryder System, Inc. official website