A year ago, Ryder (NYSE: R) was entering a scary time, with the pandemic in full force and uncertainty about what it would mean for the company’s primary business of leasing trucks to a variety of users. The result: Ryder lost $1.41 per share in the second quarter of 2020 after a loss of more than $2 per share in the first quarter, though that red ink was mostly caused by changing valuations of its used vehicle fleet. But that second-quarter figure also included a sequential decline in revenue...
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