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Ryder System, Inc.

About Ryder

History

In 1933, one man’s vision and a $35 down payment on a Model A Ford truck launched a company that would become one of the world’s leading providers of commercial fleet management, supply chain and dedicated transportation solutions.

Jim Ryder started his business hauling concrete. Five years later, a Miami beverage distributor leased five trucks from him and Ryder’s full service leasing business took off. From this modest beginning, Ryder emerged a leader in the development of innovative commercial transportation and third-party logistics solutions and a Fortune 500® company with annual revenues of more than $6 billion. It’s been quite a journey. Along the way, Ryder has introduced a steady stream of innovations to help customers stay ahead of the curve.

We invite you to travel “back to the future” with us. Explore our timeline, our record of innovation and see how we’re changing with the times to help you achieve your business goals, drive efficiency and save money.

  • 1930

    1930: The Beginning

    1933

    Jim wears two wristwatches to remind customers of his commitment to on-time deliveries.

    1934

    A second truck, a 1934 Ford V-8, doubles the size of the fleet.

    1937

    The fleet expands to 15 trucks

    1937

    1938

    Ryder signs a five-truck lease deal with Champagne Velvet Beer, increasing Ryder’s fleet to 20 trucks. By the following year, the fleet grows to more than 50 trucks.

  • 1940s: Expansion

    1941

    During World War II Ryder hauls supplies for the U.S. government.

    1942

    Revenue tops $100,000 for the year.

    1934

    1945

    Ryder provides a dedicated fleet and drivers for daily distribution of The Miami Herald, Ryder’s longest-standing customer.

    1949

    Ryder’s fleet grows to nearly 500 vehicles. To keep fleets moving beyond Florida, Ryder creates on-site shops at customer locations and opens a network of service locations that pioneer the practice of preventive maintenance.

  • 1950s: The Big R

    1952

    Ryder acquires its much larger customer, Great Southern Trucking Company, and rebrands its entire fleet with the “Big R” for national reach.

    1952

    Ryder becomes one of the first transportation companies to join the computer age with the purchase of a 29,000-pound, water-cooled UNIVAC computer to expedite accounting and data processing.

    1952

    Ryder loads trailers of cargo onto railroad flatcars for the first “piggyback” operation in the southeastern U.S.

    1955

    Ryder System, Inc. incorporates as a public company and issues 160,000 shares of common stock at $10 per share.

    1957

    Ryder expands truck leasing and rental operations into Canada.

    1959

    Ryder is recognized as a leader in the transportation industry by BusinessWeek.

  • 1960s: Establishing Our Brand

    1960

    Ryder is listed on the New York Stock Exchange.

    1967

    Ryder Preventative Maintenance customers are supported by a new written and hands-on Mechanic Certification Program.

    1968

    Ryder launches its “one-way” consumer truck rental business to target self-move customers.

    1968

    Ryder’s commitment to safety and fuel conservation begins long before these concepts became “buzz words.”

    1969

    Beverly Nannenga becomes Ryder’s first woman driver.

  • 1970s: Fueling Growth

    1971

    Ryder expands operations to the United Kingdom.

    1971

    An innovative approach to maintenance secures Ryder's position as an industry leader.

    1973

    New headquarters location opens.

    1978

    Revenue exceeds $1 billion.

    1979

    More than 13,000 “one-way” rental trucks keep America moving.

  • 1980s: New Horizons

    1980

    Motor Carrier Act passes, recasting the structure of the U.S. transportation industry.

    1983

    Tony Burns is named President and Chief Executive Officer, and adds the role of Chairman when Les Barnes retires two years later.

    1983

    Ryder celebrates 50 years in business.

    1983

    Truck leasing expands to Germany.

    1986

    Ryder names full-time executive to lead its environmental program.

    1987

    Ryder Distribution Services (RDS) implements North America’s first large-scale Just-In-Time supply delivery system supporting a new state-of-the-art auto plant in Kentucky. RDS ends the decade topping $250 million in annual revenue.

    1989

    FSL revenue rises to more than $1.5 billion.

  • 1990s: Sharpening Our Focus

    1992

    Ryder establishes a distinct International Operations business unit.

    1992

    Ryder links its network of hundreds of maintenance facilities with computers and automated diagnostic tools.

    1994

    Ryder de Mexico launches with a ceremony at the summer home of Mexico’s president. Operations in Argentina and Brazil open the following year.

    1995

    Ryder is first named to Fortune® magazine’s listing of the 500 largest public companies in the U.S.

    1996

    Ryder sells familiar yellow “one-way” consumer rental business, and re-brands its fleet with a new logo and colors to focus on commercial customers.

    1997

    A survey in Fortune® magazine names Ryder the most admired company in the trucking industry.

    1999

    Chairman and CEO, Tony Burns, hires former Burlington Northern Santa Fe executive, Greg Swienton, to serve as President and Chief Operating Officer.

  • 2000s: The New Millennium

    2000

    Operations are reorganized to reduce barriers between business units, and Greg Swienton’s role expands to President and Chief Executive Officer.

    2000

    Ryder opens web-enabled transportation management center in Dallas/Fort Worth, Texas to manage customers’ freight shipments through a network of more than 1,500 providers of ground, air, rail and ocean freight shipping.

    2001

    Ryder launches its Asia-Pacific headquarters, following the acquisition of Singapore-based Ascent Logistics.

    2001

    Company launches online tracking tools, and web sites including RyderFleetProducts.com and UsedTrucks.Ryder.com.

    2002

    Ryder is the first transportation industry to receive the National Safety Council’s highest honor, the Green Cross for Safety medal.

    Green Cross logo

    2002

    Tony Burns retires from the Board and Greg Swienton is named Chairman.

    2003

    Ryder acquires U.S.-based General Truck Leasing and RUAN Leasing Company, and expands international operations into Chile.

    2005

    Ryder opens smaller, more efficient global headquarters in Miami.

    2006

    Ryder celebrates 35 Years in the U.K.

    2007

    Ryder marks its golden anniversary in Canada with the acquisition of Ontario-based Pollock NationaLease.

    2007

    Affordable integrated wireless, GPS, and computer technology increases the safety, security, and efficiency of customers’ fleets.

    2008

    Ryder celebrates its 75th anniversary

    logo

    2009

    The company publishes its first Corporate Responsibility Report, highlighting Ryder’s progress in environmental innovation, governance, safety and security, and charitable giving.

    2009

    Ryder announces its national charitable partnership with a $1 million donation to the American Red Cross.

    Red Cross partnership

    2009

    Ryder becomes certified as a Third Party Logistics Provider (3PL) in the Customs-Trade Partnership Against Terrorism (C-TPAT) for logistics operations in the U.S., Canada, and Mexico.

  • Natural Gas vehicles

    2010s: Future Innovation

    2010

    Ryder selected as fleet partner in groundbreaking heavy-duty natural gas truck project in Southern California - the first time natural gas vehicles will be deployed into a large commercial truck rental and leasing operation.

    Natual Gas Vehicles

    2010

    Ryder announces a joint venture with Cargo Services Far East Limited (CSFE), an Asia-based logistics solutions provider specializing in export consolidation services.

    2011

    Ryder opens its first natural gas vehicle maintenance facility in Rancho Dominguez, Calif. and begins taking delivery of heavy-duty natural gas vehicles.

    Natural Gas Maintenance Shop

    2011

    Ryder acquires three truck fleet management businesses in California (Carmenita Leasing, Inc., The Scully Companies, Inc., and B.I.T. Leasing Inc.), increasing the company’s presence in the western U.S.

    2011

    Ryder joins the U.S. Chamber of Commerce Hiring Our Heroes program and becomes a member of the Veteran Employment Advisory Council.

    Hiring our Heros logo

    2012

    Company launches RydeSmart® 3.0, the next generation of its innovative onboard telematics system to provide greater usability and vehicle intelligence to fleet management end users.

    snapshot

    2013

    Chairman and CEO Gregory T. Swienton retires in 2013 and Robert E. Sanchez, Ryder’s Chair of the Board and President is named Chief Executive Officer.

    CEO transition

    2014

    Ryder unveils its first advertising campaign in nearly 20 years, using a new tagline “Ever better” to highlight its expansive array of services for business.

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