Ryder System

Are startup investors getting past the FOMU cycle?

The same driverless technology that Kodiak Robotics plans to put on highways in late 2024 has application to the military, which sees leveraging commercially developed innovation as smarter than creating everything itself.

Following Kodiak’s reveal of its Ford F-150-based prototype autonomous vehicle for the U.S. Army on Monday, Kodiak founder and CEO Don Burnette and I discussed dual-use technology, the recent comings and goings in the autonomous trucking space and a thawing of investor...

https://www.freightwaves.com/news/are-startup-investors-getting-past-the-fomu-cycle

Ryder launches technology lab with FreightTech acquisition Baton

The logistics industry is undergoing a digital transformation, shedding manual practices in favor of cutting-edge technologies like AI. This shift promises to eliminate wasted time and resources, leading the way to a new era of efficiency.

In support of this mission, Ryder System Inc. (NYSE:R) said Tuesday it has launched Baton, a Ryder Technology Lab, to bring together innovative engineers to take on the complex challenges of digitizing transportation networks and operations.

Last August, Ryder...

https://www.freightwaves.com/news/ryder-launches-technology-lab-with-freighttech-acquisition-baton

Ryder forecasts improved finances despite Q2 earnings decline

Most performance measures at Ryder System in the second quarter were down from a year earlier but the company made a significant upward revision in its forecast for the remainder of this year.

That was the key driver in the company’s stock performance Wednesday. At approximately 1:30 p.m. EDT, Ryder (NYSE: R) was up $6.21, or 6.77%, to $98. 

The company’s second quarter earnings per share figure was down to $3.61 from its record level a year ago of $4.43, “largely reflecting weaker market...

https://www.freightwaves.com/news/ryder-forecasts-improved-finances-despite-q2-earnings-decline

Terminal Industries departs stealth mode with $17M for AI yard operations

Significant attention has been given to advancing warehouse management systems (WMS) in the FreightTech landscape, revolutionizing operations within physical buildings for enhanced transparency and optimization. 

However, yard management systems (YMS) have received less investment, and their innovations have been relatively dormant compared to WMS. YMS has traditionally relied on manual processes with limited technological support.

Related: FreightWaves opens 2024 FreightTech nominations

To...

https://www.freightwaves.com/news/terminal-industries-departs-stealth-mode-with-17m-for-ai-yard-operations

Landing and launching terminals for autonomous trucks getting closer

Driverless trucks likely will be in limited use on some U.S. interstates as soon as late 2024. How they will be maintained between trips is a growing focus for their software developers.

Aurora Innovation appears to be farthest along in preparing for inspections, fueling maintenance and automated landing and launch of autonomous Class 8 trucks. An unremarkable frontage road location in Palmer, Texas, south of Dallas is being transformed into a terminal capable of doing for autonomous trucks...

https://www.freightwaves.com/news/landing-and-launching-terminals-for-autonomous-trucks-getting-closer

Ryder’s debt rating upgraded by S&P

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Ryder System, which has been on a string of strong earnings for the last two years even as it has...

Ryder sells Miami headquarters campus

Transport and logistics giant Ryder System Inc. said late Tuesday that it has sold its 249,000-square-foot Miami headquarters campus, where it has been located since 2005, to real estate company Bridge Industrial for $42.1 million.

Ryder (NYSE: R) will remain headquartered in Miami-Dade County, where it has been based since its founding by Jim Ryder in 1933. It will lease back its current facility, located on 16.8 acres, for up to 12 months while it looks for new facilities in the Miami-Coral...

https://www.freightwaves.com/news/ryder-sells-miami-headquarters-campus

Golfer Sam Ryder the face of Ryder System ads after famous hole-in-one

It is arguably the most famous hole in U.S. golf.

OK, maybe it’s the second most famous, after the 17h hole island green of the TPC-Sawgrass course near Jacksonville, Florida.

But the 16th hole at TPC Scottsdale near Phoenix is famous not for its layout, which isn’t particularly notable. It’s famous because every year on Super Bowl weekend, when the course hosts the Waste Management Phoenix Open, the par-3 16th hole is surrounded by thousands of seats of grandstands, and all the normal rules of...

https://www.freightwaves.com/news/golfer-sam-ryder-the-face-of-ryder-system-ads-after-famous-hole-in-one

Missteps and milestones mark 2022 in autonomous trucking

Docudrama script writers must be giddy at the “Succession”-esque tale unfolding at TuSimple Holdings. Just a year ago it leapfrogged the competition by demonstrating an 80-mile driverless truck pilot on a U.S. public highway. 

TuSimple repeated the technological feat, several times early in 2022. But then it gave way to repeated capriciousness that erased 95% of the company’s stock value. Could TuSimple be ripe for a takeover or sale to private equity? Consider:

https://www.freightwaves.com/news/missteps-and-milestones-mark-2022-in-autonomous-trucking

Addressing data fragmentation can lead to actionable solutions

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: Connected fleet: Today’s capabilities and tomorrow’s opportunities

DETAILS: Rob Pluta, Ryder System’s vice president of new products and chief technology officer, sits down with Stephanie Voelker, Geotab’s vice president of customer care, to discuss connected vehicles and fleet offerings, industry insights, and how Geotab is taking a holistic approach toward the evolution of technology...

https://www.freightwaves.com/news/addressing-data-fragmentation-can-lead-to-actionable-solutions

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