This article refers to the truck rental company. For other meanings, see Ryder (disambiguation).
Ryder (NYSE: R (http://www.nyse.com/about/listed/lcddata.html?ticker=R)) is a popular truck rental and leasing company for both individual use (i.e., personal moving) and for large companies' distribution and supply chain efforts.
Founded in Miami, Florida in 1933 by James A. Ryder, the Ryder company began its business by hauling concrete. Within a few years, the business had expanded to leasing trucks for other companies and the company changed its focus from distribution to leasing. By 1939, the truck fleet had increased to 50. By the 1960s and 70s, Ryder had expanded into the distribution and supply chain markets, assisting other companies with the distribution management of their products effectively. Today, Ryder has divisions all over the world and employs around 30,000 people.
Categories: Companies traded on NYSE | Corporation stubs | Companies based in Florida
Ryder's common stock, traded under the ticker symbol "R" on the New York Stock Exchange, is one of the 20 stocks that comprise the Dow Jones Transportation Average and is also a component of the Standard & Poor's Transportation Index.
Ryder is the largest third-party logistics company in the U.S. It provides comprehensive supply chain solutions, lead logistics management services and e-Commerce solutions that support customers entire supply chains, from sourcing of inbound raw materials through distribution and delivery of finished goods.
Ryder also provides vehicles and support services to businesses on a short-term rental basis to meet customers' peak demand, or to replace full service lease vehicles being serviced or awaiting delivery to customers.
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