Ryder Truck Corporate Office Locations and Services Explained

Ryder has multiple corporate office locations in the United States and Canada.

Their headquarters is located in Miami, Florida.

Ryder's corporate office in Greensboro, North Carolina, serves as a major hub for their truck rental and leasing operations.

Ryder offers a range of services, including truck rental, leasing, and logistics solutions.

Their logistics services include freight management, supply chain management, and dedicated transportation solutions.

Ryder Truck Corporate Office is located in Miami, Florida, and is the headquarters of the company.

Ryder was founded in 1933, making it a nearly 90-year-old company with a rich history.

The company has a diverse fleet of over 250,000 vehicles, which is a significant number considering it's a single company.

Ryder operates in over 100 locations across the United States, Canada, and Mexico, providing services to a wide range of customers.

Ryder is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol R.

Ryder's revenue has consistently increased over the years, with the company reporting over $10 billion in revenue in 2020.

Ryder's fleet management business is its largest segment, accounting for 61% of its total revenue. This arm of the business offers contract-based full-service leasing, contract maintenance, commercial rental, and fleet support services.

Ryder owns and maintains trucks, with the customer determining the destination under full-service leasing. Commercial rentals are white Ryder trucks that customers can rent on a temporary basis. Support services include insurance, vehicle permits, and fuel.

As of December 31, 2019, Ryder owned or leased 213,800 vehicles, making them the largest truck supplier in the US.

Ryder's fleet management business is its largest business segment, accounting for 61% of the company's total revenue of $2.3 billion.

This arm of the business offers contract-based full-service leasing, contract maintenance, commercial rental, and fleet support services. Under full-service leasing, Ryder owns and maintains the trucks and the customer determines the destination.

Ryder grew its North American rental fleet to nearly 30,000 vehicles in 2010 and 2011, raising the percentage of model year 2010 or newer vehicles in the fleet to more than 40 percent.

Support services consist of insurance, vehicle permits, and fuel.

Ryder acquired several companies in 2011, including B.I.T. Leasing from Hayward, California, and The Scully Companies, Inc. from Fontana, California.

As of December 31, 2019, Ryder owned or leased 213,800 vehicles, making it the largest truck supplier in the US.

Ryder operates a peer-to-peer truck-sharing platform, COOP, launched in April 2018, that allows owners of commercial vehicles to rent unused trucks and trailers to businesses.

Ryder Dedicated Transportation Solutions is a significant arm of the business, accounting for 15% of its revenue, totaling $346 million for Q4 2019.

This division offers both leasing and supply chain management services. In 2013, Ryder launched a new name and identity for this program called Ryder Dedicated.

Ryder Dedicated expanded its Last Mile Delivery service to 11 markets in North America. This service is designed for bulky and large goods.

In February 2019, Ryder launched a program for e-commerce that allows manufacturers to ship directly to consumers instead of using third-party shipping for small to large products.

In May 2020, the company added food-grade capabilities to its e-commerce service.