A summary of Ryder’s financial performance can be found here.
With freight markets not providing much of a boost to Ryder System’s operations in 2024 – a trend projected to continue into 2025 – the company’s fourth-quarter earnings call focused heavily on Ryder’s transformation to a more diversified operating model with less emphasis on truck rentals.
The fourth-quarter performance at Ryder (NYSE: R) was not particularly bad. Operating revenue rose to $2.6 billion from $2.4 billion a year...