Ryder news and trends

Technology Streamlines the Road Ahead for Tomorrow’s Commercial Fleet Management
Innovation // July 14, 2023

The wheels on a truck go ‘round and ‘round – until sometimes they don’t. And when they don’t, when shipments and schedules get disrupted, there is a snowball effect that can derail key organizations and vendors across an entire supply chain, often with negative downstream...

Openforce and Ryder Offer Commercial Vehicle Rentals for Last-Mile Delivery
Delivery // June 08, 2023

Openforce and Ryder have teamed up to offer commercial vehicle rentals to independent contractors. With this collaboration, independent contractors using the Openforce platform will be able to rent sprinter vans and box trucks from Ryder at exclusive discounted rates, the companies said in a Thursday (June 8) press release....

HG Vora Capital Management Offers Ryder $4.4B in Acquisition Deal
Acquisitions // May 15, 2022

HG Vora Capital Management, an activist investor, is eyeing the buy of fleet management and supply chain operator Ryder System, The Wall Street Journal reported Friday (May 13). HG Vora already owns a 9.9% stake in the company, and the $4.4 billion deal on offer...

Today in B2B: JIFFY.ai Raises $53M for HyperApp Platform; Trucking Companies Need One-Stop Shop for...
B2B Payments // March 09, 2022

Today in B2B payments, payment APIs might be the key to smoother cash flow, and Billtrust teams up with Procede Software to expedite commercial vehicle payments. Plus, businesses want fast, integrated payments, and costs, regulations and lack of awareness are the top barriers to digital...

Quick Reads
Ryder Expands Mobile Maintenance Fleet Services With Pit Stop Acquisition

July 15, 2024
Ryder System plans to expand its retail mobile maintenance offering with an acquisition of Pit Stop Fleet Service. The company entered into an agreement to acquire Pit Stop and expects to complete the transaction by Aug. 1, subject to customary closing conditions, Ryder said in a Monday (July 15) press release. “With our complementary retail […]

Openforce and Ryder Offer Commercial Vehicle Rentals for Last-Mile Delivery

June 08, 2023
Openforce and Ryder have teamed up to offer commercial vehicle rentals to independent contractors. With this collaboration, independent contractors using the Openforce platform will be able to rent sprinter vans and box trucks...

Ryder Expands COOP Vehicle Sharing Platform Across US

February 22, 2022
Truck and trailer sharing platform COOP by Ryder on Tuesday (Feb. 22) expanded the reach of its platform across the U.S. after rolling out the program in nine states since...

Ryder Grows Its Supply Chain Business Segment With Two Acquisitions

January 09, 2022
Logistics and transportation company Ryder announced Jan. 4 that it has completed two acquisitions that will accelerate growth in its supply chain solutions business, expand its eCommerce fulfillment network and...