Ryder(US:R)2026-02-11 21:36Revenue Breakdown - Ryder's Fleet Management Solutions (FMS) accounted for 38% of consolidated revenue in 2025[24] - Supply Chain Solutions (SCS) contributed 43% to consolidated revenue, with 722 customer accounts and 319 warehouses as of December 31, 2025[43] - ChoiceLease revenue represented 60% of total FMS revenue in 2025[29] - Commercial rental revenue accounted for 16% of total FMS revenue in 2025[30] - SelectCare revenue made up 12% of total FMS revenue in 2025[32] - In 2025, distribution management and value-added services accounted for approximately 36% of SCS total revenue[46] - Dedicated transportation services contributed approximately 28% to SCS total revenue in 2025[47] - Transportation management solutions represented 12% of SCS total revenue, with $9.8 billion in freight moves executed on behalf of customers[48] - E-commerce and last mile services accounted for 18% of SCS total revenue in 2025[49] - Contract manufacturing and packaging services made up 6% of SCS total revenue in 2025[50] - Fuel services revenue accounted for 12% of the total revenue in the Fleet Management Services (FMS) segment during 2025[34] Market Overview - The U.S. logistics spending was approximately $1.5 trillion, with $234 billion outsourced, indicating a growing market for logistics services[41] - The U.S. commercial fleet market is estimated to include approximately 11 million vehicles, with 1 million leased or rented from third parties like Ryder[23] - The outsourced U.S. dedicated market is estimated at $31 billion, with an addressable market of approximately $500 billion[54] Company Operations - Ryder operates 789 locations across 49 states, the District of Columbia, Puerto Rico, and seven Canadian provinces as of December 31, 2025[25] - As of December 31, 2025, the company had 141,700 vehicles and 11,700 customers in its ChoiceLease segment, with 31,600 commercial rental vehicles and 27,200 commercial rental customers[33] - The used vehicle inventory stood at 9,500 vehicles as of December 31, 2025, slightly above the long-term target range of 7,000 to 9,000[37] Strategic Focus - Ryder's strategy focuses on operational excellence, customer-centric innovation, and improving full-cycle returns[19] - The company aims to leverage trends favoring outsourcing logistics and transportation services to drive growth[20] - Ryder's balanced growth strategy includes creating value through operational excellence and investing in customer-centric innovation[27] - The company aims to grow earnings from its contractual lease, dedicated, and supply chain businesses[20] - The company aims to optimize asset utilization and management, particularly regarding its rental fleet and used vehicle operations[42] - The company aims to increase market share by providing specialized services across various industries, including retail, agriculture, and energy[64] Workforce and Safety - The company employs 51,600 total employees in North America, including 12,700 professional drivers and 4,600 technicians[72] - The company has a robust talent and succession planning process to support the development of its workforce[69] - The safety organization oversees safety policies and training, with a focus on minimizing safety events and ensuring compliance[73] - The company emphasizes safety through a comprehensive safety culture, with ongoing training for professional drivers, technicians, and warehouse associates[73] - The company has established safety policies and procedures that require all employees to incorporate safe processes in their operations[75] - The company is committed to compliance with various regulations, including those related to safety, emissions, and data privacy[67] - The company offers comprehensive health, welfare, and retirement programs to invest in employee well-being[70] Technology and Innovation - The company is developing innovative customer-centric technology, such as RyderShare™, to enhance service offerings[64] - The company focuses on network optimization and continuous improvement to enhance operational efficiency[64] - The company leverages its FMS sales team to encourage private fleet operators to outsource transportation needs[64]