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Ryder System, Inc. is an American
transportation Transport (in British English) or transportation (in American English) is the intentional Motion, movement of humans, animals, and cargo, goods from one location to another. Mode of transport, Modes of transport include aviation, air, land tr ...
and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and last-mile delivery services. The company is headquartered in
Coral Gables, Florida Coral Gables is a city in Miami-Dade County, Florida, United States. The city is part of the Miami metropolitan area of South Florida and is located southwest of Greater Downtown Miami, Downtown Miami. As of the 2020 United States census, 2020 ...
, and operates in the United States and United Kingdom.


History

Ryder was founded in
Miami, Florida Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...
, in 1933 by James Ryder as a
concrete Concrete is a composite material composed of aggregate bound together with a fluid cement that cures to a solid over time. It is the second-most-used substance (after water), the most–widely used building material, and the most-manufactur ...
hauling company with one truck, a 1931 Model "A" Ford. In 1938, Ryder signed a five-truck lease deal with Champagne Velvet Beer, increasing Ryder's fleet to 20 trucks. By the following year, the fleet had more than 50 trucks. This led to Ryder changing its focus from
distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a varia ...
to leasing. Ryder bought Great Southern Trucking Company in 1952. In 1955, Ryder System, Inc. was formed to combine Great Southern and Ryder Truck Rental. Ryder System went public in 1955. In the 1960s and 1970s, Ryder expanded into distribution and
supply chain A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distri ...
. James Ryder retired in 1978. A Ryder truck was used in the
Oklahoma City Bombing The Oklahoma City bombing was a domestic terrorist truck bombing of the Alfred P. Murrah Federal Building in Oklahoma City, United States, on April 19, 1995. The bombing remains the deadliest act of domestic terrorism in U.S. history. Perpetr ...
on April 19, 1995. In 1996, Ryder decided to focus on commercial truck rental and leasing, and exited the "one-way" consumer truck rental business; which was purchased by equity firm Questor Partners Fund LP, who later sold it to Budget Truck Rental in June 1998. In December 2011, the non-partisan organization
Public Campaign Every Voice was an American nonprofit, progressive liberal political advocacy organization.
criticized Ryder for spending $960,000 on
lobbying Lobbying is a form of advocacy, which lawfully attempts to directly influence legislators or government officials, such as regulatory agency, regulatory agencies or judiciary. Lobbying involves direct, face-to-face contact and is carried out by va ...
and not paying any taxes during 2008 to 2010, instead getting $46 million in tax rebates, despite making a profit of $627 million. In 2017 Ryder launched electric truck rentals in
California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
, and
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
,
Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...
. The trucks were equipped with 70 kWh batteries, which had an estimated range of 100 miles. Ryder is the exclusive maintenance provider for Workhorse's electric fleet in North America, first launched in the San Francisco Bay area in 2018.


Business

Ryder divides its business into three segments: Fleet Management Solutions, Supply Chain Solutions, and Dedicated Transportation Solutions. As of December 31, 2019, the total company revenue was $8.93 billion, with profits before income taxes of $42.27 million. The number of full-time employees, as of December 2019 was 39,900 globally, with 38,600 in North America and 1,300 in Europe. The company employs approximately 9,500 drivers, 6,300 technicians and have approximately 25,600 hourly employees in the U.S.  About 4,300 of those are organized by labor unions.


Fleet management

Ryder's fleet management business is its largest business segment, accounting for 61% of the company's total revenue of $2.3 billion, or $1.4 billion for Q4 of 2019. This arm of the business does contract-based full-service leasing, contract maintenance, commercial rental and fleet support services. Under full-service leasing Ryder owns and maintains the trucks and the customer determines the destination. Commercial rentals are the white Ryder trucks which the contract customers can rent on a temporary basis. Ryder grew its North American rental fleet to nearly 30,000 vehicles in 2010 and 2011 raising the percentage of model year 2010 or newer vehicles in the fleet to more than 40 percent. Support services consist of insurance, vehicle permits, and fuel. In April 2011 Ryder bought B.I.T. Leasing, from
Hayward, California Hayward is a city located in Alameda County, California, United States, in the East Bay subregion of the San Francisco Bay Area. With a population of 162,954 as of 2020, Hayward is the sixth largest city in the Bay Area, and the third largest in ...
. Also in 2011 it acquired the full service leasing and rental business of Carmenita Leasing, Inc., located in
Santa Fe Springs, California Santa Fe Springs (''Santa Fe'', Spanish for "Holy Faith") is a city in Los Angeles County, California, United States. It is one of the Gateway Cities of southeast Los Angeles County. The population was 19,219 at the 2020 census, up from 16,22 ...
, and the full service lease, contract maintenance, commercial rental and dedicated contract carriage business, The Scully Companies, Inc., based in
Fontana, California Fontana is a city in San Bernardino County, California, United States. Founded by Azariel Blanchard Miller in 1913, it remained essentially rural until World War II, when entrepreneur Henry J. Kaiser built a large steel mill in the area. It ...
. Launched in April 2018, the company operates a peer-to-peer truck-sharing platform, COOP, that allows owners of commercial vehicles to rent unused trucks and trailers to businesses. The program expanded to Florida in January 2019 and further expanded in Texas in February 2020. COOP by Ryder expanded fleet management services and bulk rentals nationwide in 2022. As of December 31, 2019, Ryder owned or leased 213,800 vehicles. As of January 2020, they were the largest truck supplier in the US.


Supply chain

Ryder's supply chain operations accounted for 28% of its revenue for a total of $649 million for Q4 2019. This business consists of management of a customer's supply chain. Ryder managed over 50 million square feet (4,645,152 m2) of
warehouse A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the rural–urban fringe, out ...
space on December 31, 2019. In December 2010 Ryder bought TLC, a supply chain services company based in
Holland, Michigan Holland is a city in Ottawa County, Michigan, Ottawa and Allegan County, Michigan, Allegan counties in the U.S. state of Michigan. Located in the West Michigan, western region of the Lower Peninsula of Michigan, Lower Peninsula, the city is si ...
.


Dedicated Transportation Solutions

Ryder Dedicated Transportation Solutions accounted for 15% of its revenue for a total of $346 million for Q4 2019. This arm of the business conducts both leasing and supply chain management. In 2013, Ryder launched a new name and identity for this program called Ryder Dedicated. The company expanded its Last Mile Delivery service for bulky and large goods to 11 markets in North America. 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. In May 2020 the company added food-grade capabilities to its e-commerce service.


Sponsorships


Motorsports

In March 2025, Ryder signed a deal to sponsor
NASCAR Craftsman Truck Series The NASCAR Craftsman Truck Series is a pickup truck racing series owned and operated by the NASCAR, National Association for Stock Car Auto Racing (NASCAR), and is the only series in NASCAR to race production pickup truck-based stock car racing, s ...
team Reaume Brothers Racing's No. 33 truck driven by
Frankie Muniz Francisco Muniz IV (; born December 5, 1985) is an American actor and racing driver. Muniz came to prominence in the 2000s playing the title character of the Fox sitcom ''Malcolm in the Middle'' (2000–2006), for which he was nominated for an E ...
.


Acquisitions and partnerships

In 2008, Ryder acquired three regional competitors: Pollock NationaLease, Lily Transportation and Gator Leasing. In April 2018, Ryder acquired Ohio-based MXD Group, an e-commerce fulfillment and last mile delivery provider with a network of 109 fulfillment centers across the United States and Canada. In May of that year, Ryder introduced RyderGyde™, a smartphone app for drivers and fleet managers to monitor and manage their fleets. In November 2018, the company ordered 1,000 electric trucks to add to their fleet. In May 2020 RyderShare was introduced as a collaborative logistics platform. 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. In June 2020 Ryder began a partnership with Turvo, a provider of collaborative logistics software In January 2022, Ryder completed the acquisition of Whiplash (formerly Port Logistics Group) for approximately $480 million in cash. In October 2023, Ryder acquired Impact Fulfillment Services to add contract packaging and manufacturing capabilities. In February 2024, Ryder acquired Cardinal Logistics, a North Carolina–based company.


Locations

Previously Ryder had its headquarters in
Doral, Florida Doral is a city in Miami-Dade County, Florida, United States. One of 34 municipalities in the county, it is located west of Miami International Airport and west of Greater Downtown Miami, Downtown Miami. Doral occupies bordered on the west ...
. As of December 31, 2019, Ryder had 524 locations in 50 US States and Puerto Rico. This includes a Shared Services Center in Alpharetta, Georgia, that employs over 500 people and provides support to all FMS operations. Ryder opened a new logistics center in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
,
Ontario Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...
, Canada, in January 2018. The company announced the planned opening of two multi-client facilities in Perris,
California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
and
Fort Worth Fort Worth is a city in the U.S. state of Texas and the county seat of Tarrant County, Texas, Tarrant County, covering nearly into Denton County, Texas, Denton, Johnson County, Texas, Johnson, Parker County, Texas, Parker, and Wise County, Te ...
,
Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
, while expanding an already existing Ryder warehouse in Douglassville,
Pennsylvania Pennsylvania, officially the Commonwealth of Pennsylvania, is a U.S. state, state spanning the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, Appalachian, and Great Lakes region, Great Lakes regions o ...
. The three facilities were expected to be fully operational by May 2019. In May 2020 the company began to expand its e-commerce network with the opening of a new facility in
Philadelphia Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
and adding
FDA The United States Food and Drug Administration (FDA or US FDA) is a federal agency of the Department of Health and Human Services. The FDA is responsible for protecting and promoting public health through the control and supervision of food ...
approval for food-grade service to two other facilities in Perris, California and Dallas, Texas.


References


Further reading

* Saunders, Harris. ''Top Up or Down? The Origin and Development of the Automobile and Truck Renting and Leasing Industry—56 Years, 1916–1972''. Birmingham, AL: Harris Saunders, 1972.


External links

* {{Authority control Truck rental Companies based in Miami-Dade County, Florida American companies established in 1933 Transport companies established in 1933 Companies listed on the New York Stock Exchange Companies in the Dow Jones Transportation Average Trucking companies of the United States Logistics companies of the United States 1933 establishments in Florida Transportation companies based in Florida Companies in the S&P 400