Ryder System closed out 2021 with a 12-month performance during which its revenue growth was solid and its profitability improvement was spectacular.
Post-tax operating earnings for Ryder (NYSE: R) as a whole rose to $181.8 million in the fourth quarter, a more than 700% increase from the $25.8 million in operating earnings for the fourth quarter of 2020. For the company as a whole, an operating loss of $112 million in 2020 turned into operating earnings of $521.6 million in 2021.
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https://www.freightwaves.com/news/ryders-revenue-grew-in-4th-quarter-while-profitability-soared-more