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Ryder Q4 operating revenue flat year over year
Yahoo Finance· 2026-02-19 09:50
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Ryder System’s Q4 operating revenue of $2.6 billion remained nearly unchanged compared to a year earlier, according to the company’s Feb. 11 earnings press release. Year-over-year revenue declines in the company’s fleet management solutions segment and dedicated transport solutions—1% and 8% respectively—were partially offset by a 3% revenue gain i ...
Ryder System, Inc. Elects Tammy Romo to Its Board of Directors
Businesswire· 2025-12-19 11:55
Core Viewpoint - Ryder System, Inc. has appointed Tammy Romo to its board of directors, effective January 5, 2026, highlighting her extensive experience in financial leadership and governance within the transportation sector [1][2]. Group 1: Appointment Details - Tammy Romo, aged 63, will serve on the Audit and Finance Committees of Ryder's board [1]. - Romo is recognized for her results-oriented leadership style and strategic oversight capabilities in complex public company environments [2]. Group 2: Professional Background - Prior to her appointment, Romo was the executive vice president and chief financial officer of Southwest Airlines, where she managed corporate financial functions for over a decade until her retirement on April 1, 2025 [2]. - With a 30-year tenure at Southwest Airlines, Romo was known for driving transformation and delivering value for the company, which is ranked 156th on the Fortune list [2]. Group 3: Governance Experience - Romo has served as an independent director of Tenet Healthcare Corporation since 2015, further emphasizing her governance expertise [3]. Group 4: Company Overview - Ryder System, Inc. is a fully integrated logistics and transportation company providing a range of services including supply chain solutions, dedicated transportation, and fleet management across more than 20 industries in the U.S., Mexico, and Canada [4]. - The company manages nearly 250,000 commercial vehicles and operates approximately 300 warehouses, totaling over 100 million square feet [4].
Ryder Announces CEO Succession Plan
Businesswire· 2025-12-12 11:55
Core Viewpoint - Ryder System, Inc. announces the retirement of Chairman and CEO Robert E. Sanchez effective March 31, 2026, with John J. Diez set to succeed him as CEO on the same date, as part of a planned succession strategy [1][2]. Group 1: Leadership Transition - Robert E. Sanchez has been with Ryder since January 2013 as CEO and May 2013 as Chairman, and will transition to the role of executive chair to facilitate a smooth leadership change [2]. - John J. Diez, currently President and COO, has been with Ryder for over 20 years and has a strong track record in various leadership roles, including executive vice president and CFO [3][5]. Group 2: Company Strategy and Performance - Sanchez has been credited with delivering excellent results and record shareholder value through a balanced growth strategy that has improved returns and transformed Ryder's business profile [3]. - Diez expressed confidence in continuing Ryder's growth, particularly as supply chain complexities increase and demand for port-to-door services rises [3]. Group 3: Company Overview - Ryder System, Inc. is a fully integrated logistics and transportation company providing a range of services including supply chain solutions, dedicated transportation, and fleet management across the U.S., Mexico, and Canada [5]. - The company manages nearly 250,000 commercial vehicles and operates approximately 300 warehouses, totaling over 100 million square feet [5].
Leasys names Andrea Bandinelli as CEO
Yahoo Finance· 2025-12-03 14:48
Group 1 - Leasys joint venture has appointed Andrea Bandinelli as the new CEO, effective immediately [1] - Bandinelli has 25 years of experience in financial services, having held various leadership roles within Stellantis [2] - Under Bandinelli's leadership, Leasys aims to enhance customer-centric mobility offerings and expedite profitable growth in Europe's operational leasing market [2][3] Group 2 - Leasys oversees a fleet of 950,000 vehicles across 11 countries, providing a range of services from fleet management to rental contracts [3] - The company was formed through the merger of Leasys and Free2Move Lease businesses and operates in multiple European countries [4] - For the full year 2024, Leasys reported a profit before taxes of €173 million, reflecting a 1% year-over-year increase, with adjusted net income remaining at €112 million [4]
TomTom and GeoInt deepen partnership to drive innovation in African Telematics and Mobility
Globenewswire· 2025-11-06 06:30
Core Insights - TomTom has renewed its partnership with GeoInt, enhancing their collaboration in providing location-based solutions across various industries in Africa [1][9] - The partnership allows GeoInt to utilize TomTom's advanced APIs and map data for improved fleet management and operational efficiency [3][4] Company Overview - TomTom is a location technology specialist headquartered in Amsterdam, with over 30 years of experience in shaping mobility solutions [8] - GeoInt is a geospatial technology company focused on enhancing business and societal outcomes through data-driven insights, operating across Africa [9] Partnership Details - The renewed agreement enables GeoInt to leverage TomTom's maps, traffic, and geocoding APIs for real-time fleet tracking and route optimization [3][4] - This collaboration has been ongoing for more than two decades, reinforcing GeoInt's leadership in fleet management in Africa, with over 1.8 million connected vehicles in South Africa [4] Industry Impact - The integration of TomTom's location technology is expected to improve safety and operational efficiency for fleet operators [3] - The partnership aims to enhance logistics and fleet operations, providing localized accuracy and reliable support for connected mobility solutions [6]