Executive Salary
avg.$148,211
Ryder
Logistics/Transport and Warehouse Logistics
Coral Gables, FL, United States
Description
Ryder System, Inc., founded in 1933 and headquartered in Coral Gables, Florida, is a publicly traded logistics and transportation company operating in the United States. With approximately 51,700 employees, the company provides a range of services including fleet management, supply chain solutions, and dedicated transportation services tailored primarily to business clients across various industries. Ryder's revenue reached around $12.64 billion in recent financial reports, reflecting its significant role in the B2B logistics sector. The company serves a broad customer base, focusing on enterprise clients that require comprehensive logistics support. As a leader in integrated transportation services, Ryder offers tailored solutions designed to optimize supply chain efficiency and transportation operations across multiple channels and industries.
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Experteer Briefing
Company Trajectory
Founded in 1933 in Coral Gables, Florida, Ryder System, Inc. began as a concrete hauling company with a single truck. Over the decades, Ryder transitioned from its origins to become a leader in integrated logistics, evolving through strategic market expansions and the development of subsidiaries. As its service offering grew, Ryder established a reputation for innovation in fleet management and transportation solutions, maintaining a strong foundation in the business-to-business segment. Today, Ryder is recognized for its operational scale and versatility across logistics and supply chain management, with continued momentum in exploring new service offerings and market opportunities.
Financial Setup
Ryder System, Inc. is publicly traded and employs approximately 51,000 people globally. The company has refined its financial structure over time to support a fully integrated business model that encompasses fleet management, supply chain solutions, and dedicated transportation services for business customers. Revenue for the most recent fiscal year stood at $12 billion, reflecting steady growth and a robust position in the logistics industry. Ryder’s focus on business-to-business logistics solutions has positioned it as a key player in addressing the transportation and supply chain needs of large enterprises.
Development & Outlook
Ryder has diversified its offerings to include leasing, commercial vehicle rental, maintenance, used vehicle sales, e-commerce fulfillment, and last-mile delivery. The company’s ongoing investment in research and development is underscored by its portfolio of over 200 active patents as of 2023. Sustainability remains a core priority, with Ryder achieving emissions reduction targets ahead of schedule and piloting advanced technologies to enhance fuel efficiency. Socially, Ryder is active in community development, collaborating with more than 100 charitable organizations and advancing diversity and inclusion initiatives—earning recognition as a top employer for women in transportation. Looking forward, Ryder continues to emphasize growth through innovation, operational excellence, and a commitment to social responsibility.