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About Ryder

Ryder 101

Learn more about Ryder through Q & A sessions with Chairman and CEO, Robert Sanchez, and EVP & CFO, Art Garcia. Visitors will be able to select specific topics based on their interest and knowledge. The Q & A sessions are hosted by Bob Brunn, VP of Corporate Strategy and Investor Relations.

CEO Robert Sanchez and CFO Art Garcia

Launch interactive videos with CEO Robert Sanchez and CFO Art Garcia.

Ryder operates behind the scenes, managing critical fleet and supply chain functions for approximately 50,000 customers, many of which make the products that consumers use every day. The Company’s solutions fall into the following three areas: Fleet Management Solutions, Supply Chain Solutions, and Dedicated Transportation Solutions.

Ryder System, Inc.

Fleet Management Solutions

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ChoiceLease

  • Long-term contractual agreement
  • Includes vehicles procurement, flexible levels of maintenane services and used vehicle disposition
  • Comprehensive package of fleet support services available

SelectCare

  • Comprehensive, preventitive maintenance services
  • Vehicles are owned by our clients under third-party finance lease contracts
  • Ancillary maintenance work on Ryder or customer owned vehicles not included in case contract

Commercial Rental

  • Commercial vehicles for short-term customer needs
  • Supports both lease and non-lease customers

Dedicated Transportation Solutions

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Dedicated Transportation

  • Turnkey transportation service with drivers, vehicles, maintenance, routing & scheduling, management & administrative support

Transportation Management

  • Freight procurement & contract management
  • Shipment planning and executing
  • Freight brokerage
  • Freight bill audit and payment
  • Origin/destination services

Supply Chain Solutions

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Distribution Management

  • Order fulfillment
  • Warehouse & distribution center operations
  • Inbound materials management
  • Outbound product support
  • Reverse logistics
  • Vendor managed inventory
  • Packaging and postponement

Dedicated Transportation

  • Transportation component of integrated logistics solution that includes drivers, vehicles, maintenance, routing & scheduling, management & administrative support

Transportation Management

  • Freight procurement & contract management
  • Shipment planning and executing
  • Freight brokerage
  • Freight bill audit and payment
  • Origin/destination services

Professional Services

  • Strategic consulting & decision support
  • Solutions engineering
  • Network modeling & optimization
  • Total landed cost
  • Lean Six Sigma

Our Strategy

Profitably grow fleet management and supply chain outsourcing services by targeting private fleets (FMS & DTS) and key verticals (SCS) with operational excellence, a strong customer focus, innovative solutions, and best in class talent and information technology.

Revenue
ROC
Spread EPS
Operational
Excellence

Continuous productivity and process improvement to solve customer problems, increase cost effectiveness and drive safety

Customer
Focus

Accelerate growth rate through increased sales & marketing effectiveness and new product innovation

Innovation

Develop new services connected to the core business that deliver value to targeted customer segments

Talent & Culture

Attract, develop and retain the best talent in an environment where leaders engage their people to innovate, pursue the vision and build on our values

Information Technology

Deploy technology to enable growth while improving operational efficiencies

Core Values

Ryder employees share a common set of values that uniquely define us, our brand and our commitment to serving customers.

By living our core values, our actions strengthen the promise of our solutions and our ability to deliver all that Ryder has to offer.

Core Values

Why Invest

Large addressable, non-outsourced markets
  • 2 million vehicles addressable with FMS
  • $400B addressable market in DTS
  • $800B addressable market in SCS
Secular trends that favor outsourcing
  • Increasing costs and complexity
  • More stringent regulations
  • Labor demographics ~ driver shortage
  • Dynamic supply chains
Contractual revenue base continues to grow
  • >85% of total revenue is contractual
  • 7th consecutive year of organic growth
Opportunity to drive operating leverage in shop network
  • 30% shop capacity available to support fleet growth
Leveraging new technologies to drive future growth and efficiencies
  • Electrified and autonomous vehicles
  • Vehicle sharing
  • Smart warehouse
  • Safety enhancing technology  

Key Performance Indicators

Three months ended December 31

Choice Lease - Full Service
  2018 2017
Average fleet count 147,000 138,000
End of period fleet count 149,300 139,100
Miles/unit per day change - % (a) (0.3%) (0.7%)
Commercial rental
  2018 2017
Average fleet count 42,600 37,700
End of period fleet count 42,600 37,800
Rental utilization - power units 81.6% 81.2%
Rental rate change - % (b) 3.5% 1.9%
Customer Vehicles Under Select Care Full-Service and Preventitive
  2018 2017
Average fleet count 56,100 54,300
End of period fleet count 56,300 54,400
Select Care On Demand (c)
  2018 2017
Fleet serviced during the period 8,600 8,100
Used Vehicles Sales (UVS)
  2018 2017
Average UVS inventory 6,600 6,100
End of period inventory count 6,900 6,000
Used vehicles sold 4,500 4,000
UVS pricing change - % (d)       
Tractors 18% 2%
Trucks 8% 2%

(a) Represents the percentage change compared to prior year period in miles driven per vehicle per workday on US lease power units

(b) Represents percentage change compared to prior year period in average global rental rate per day on power units using constant currency.

(c) Comprised of the number of vehicles serviced under transactional on-demand maintenance agreements. Vehicles included in the end of period count may have been serviced more than one time during the respective period.

(d) Represents percentage change compared to prior year period in average sales proceeds on used vehicle sales using constant currency.

Financial Snapshot

Full Year 2018
Revenue (1) $8.4 Billion
Operating Revenue (1) $7.0 Billion
Comparable Earnings Before Income Taxes (1) $406.5 Million
Comparable Earnings (1) $306.2 Million
Comparable EPS (1) $5.79
Free Cash Flow (1) ($944) Million
Adjusted Return on Capital vs. Cost of Capital 0.1%
Assets (1) $13.1 Billion

(1) These amounts result from continuing operations.
Non-GAAP financial measures - please refer to financial statements and Earnings Release materials for description and reconciliation of non-GAAP financial measures.