Latest news with #RyderSystem
Yahoo
4 days ago
- Business
- Yahoo
A $6 billion logistics CEO credits an ice cream flavor with helping him understand why customers need fresh innovation
CEO Robert Sanchez led the transformation of a nearly century-old trucking and logistics company by applying a lesson he learned as a teenager about ice cream. The key, according to Sanchez, lies in challenging the 'we've always done it this way' method of thinking and focusing on the way customer needs have evolved. Ryder System, with $12.6 billion in revenue, is a leading provider of logistics and transportation services with more than 50,000 employees in North America operating a fleet of more than 250,000 trucks. It's come a long way since it was founded in 1933 by James Ryder with a single Model A Ford truck and a $35 down payment. But the Ryder board, about a decade ago, wanted CEO Robert Sanchez to focus on innovation and how to lead the company beyond the core strategy and services that had sustained it for decades. The answer, for Sanchez, had its roots in a job he worked every weekend as a teenager: scooping ice cream at Carvel. In the late 1970s and early 1980s, Sanchez worked at a Carvel ice cream shop in Miami during a time the city saw an influx of Cuban immigrants. Cuban customers would stop into the store and ask if Carvel carried a flavor called mamey (mah-MAY) ice cream. The creamy Caribbean fruit has a delicate but firm texture like a papaya, but tastes like a delicious pumpkin pie. Kids grow up eating it fresh or in desserts, and it's often blended into ice cream. 'Folks would come into Carvel and ask if we had mamey, and obviously we didn't have mamey because we're Carvel, and they don't have mamey,' Sanchez told Fortune. 'So the owner of the ice cream store kept trying to lobby Carvel to make mamey ice cream, but they wouldn't.' Disappointed customers would leave Carvel and go across the street to the Cuban restaurant to get their mamey ice cream fix. Finally, the store owner had enough. 'One day, the owner of the ice cream store got upset and he said, 'You know what? I'm gonna make my own ice cream,'' Sanchez recalled. 'So he went, and he bought mamey at the store and he mixed it with the Carvel ice cream mix and he created Carvel mamey ice cream.' Within two weeks, it was the third-best selling ice cream in the shop. 'It's what people wanted—they wanted mamey,' said Sanchez. 'Carvel actually has great ice cream and you mix that with the right flavor and it sold great.' Fast forward to about 10 years ago and the Ryder board was pressing Sanchez about innovation, pointing out that the company was still selling essentially the same services Jim Ryder had launched decades earlier. With mamey on his mind, Sanchez led Ryder to innovate by combining existing capabilities in new ways to solve customers' problems. 'This guy, it's not like he split the atom, but he invented Carvel mamey ice cream by putting these two things together and giving the customers what they wanted,' Sanchez said. 'We at Ryder keep selling vanilla and chocolate, but maybe there are customers that want something different.' The company launched an e-commerce fulfillment business, which was an entirely new area for Ryder; a mobile maintenance business; and technology to track customer freight that it didn't have before. Sanchez said the company also launched what he described as 'the first Airbnb for trucks,' which ultimately didn't work out as expected, but the company pivoted. 'We now have a muscle for developing new products and services and innovating,' he said, which is similar to what his former boss at Carvel did with mamey ice cream. 'You're not inventing the next iPhone, but you're putting together services in a different way to meet customers' needs.' And if you think a CEO whose first job was at an ice cream store would put them off ice cream, that isn't the case for Sanchez. Ice cream, he admits, probably has nothing to do with being fit or healthy, but it keeps him happy. Ben & Jerry's Cherry Garcia flavor and a chocolate and vanilla soft-serve swirl—like the kind Carvel serves—are his two favorites. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
4 days ago
- Automotive
- National Post
Ryder Announces its Drivers of the Year: Honoring the Heroes Behind the Wheel
Article content The 53 rd annual award recognizes top-performing drivers for outstanding safety records, customer service, and community leadership. Three honorees bring 105 years of combined experience and have logged nearly 6 million safe miles. Article content MIAMI — Ryder System, Inc. (NYSE: R) announces the winners of its 53 rd annual 'Driver of the Year' award, celebrating three professional truck drivers who exemplify the highest standards of safety, service, and leadership across its supply chain, dedicated transportation, and fleet management businesses. This year's honorees—James 'Jim' Jones, Roland Esquibel, and Mark Jones—earn induction into the Ryder 'Driver Hall of Fame' not just for their stellar driving records, but for their lasting impact on the company, their teams, and their communities. Together, these three road warriors bring 105 years of combined experience and have logged nearly 6 million miles. Article content 'Our drivers move more than freight. They move our company and our customers' businesses forward,' says Ryder Chairman and CEO Robert Sanchez. 'Jim, Roland, and Mark represent the very best of Ryder and our customers, from their skill behind the wheel to their character and commitment to their communities. They are true ambassadors of our values and our brand.' Article content Article content Based in Mason, Mich., Jim Jones is a standout performer in Ryder's Supply Chain Solutions business, bringing 38 years of professional driving experience; including the past eight years with Ryder. Over the course of his career, he has driven more than 2 million miles, all while maintaining a stellar safety record and a steady hand under pressure. When he's not on the road, Jim serves as a volunteer firefighter with the Mason Fire Department, demonstrating his deep-rooted commitment to service. Known for his calm demeanor and team-first attitude, Jim embodies the values of responsibility and reliability that define Ryder's professional driver community. Article content Roland Esquibel | Dedicated Transportation Solutions Article content Article content Hailing from Devine, Texas, Roland Esquibel brings unmatched dedication and professionalism to Ryder's Dedicated Transportation Solutions segment. With 35 years of professional driving experience—including the past four years with Ryder—Roland has logged more than 2.3 million miles over his career. A respected U.S. military veteran and proud member of the Veterans of Foreign Wars, Roland channels his service and leadership skills into every delivery. Beyond work, he actively supports his community through his local church, continuing his lifelong mission of service and mentorship. Article content Mark Jones Article content Article content Operating out of Sacramento, Calif., Mark Jones is the recipient of Ryder's Fleet Management Solutions' (FMS) 'Customer Driver of the Year' award, which recognizes drivers who go above and beyond to keep roads safe while operating Ryder vehicles. With 32 years of safe driving performance and more than 1.5 million miles driven, Mark also mentors new drivers and plays a key role in ensuring reliable, on-time deliveries for Ryder's FMS customers. A decorated U.S. Air Force veteran who served in Operation Desert Storm, he earned three Bronze Stars and the Southwest Asia Service Medal, bringing the same discipline and excellence from his military career to the road every day. Article content About the Award Article content Ryder's Driver of the Year program stands as a cornerstone of the company's commitment to excellence behind the wheel. Each year, a select group of top performers from Ryder's 13,400-strong professional driver workforce, as well as from our FMS customer base, earn this elite recognition. Candidates are carefully vetted through a comprehensive selection process led by Ryder executives, safety specialists, and veteran drivers, making it one of the company's longest running and most prestigious awards programs. Article content , Article content dedicated transportation Article content , and Article content fleet management Article content solutions, including Article content warehousing and distribution Article content , Article content contract packaging Article content and Article content manufacturing Article content , Article content e-commerce fulfillment Article content , Article content last-mile delivery Article content , Article content managed transportation Article content , Article content professional drivers Article content , Article content freight brokerage Article content , Article content cross-border Article content solutions, full-service Article content fleet leasing Article content , Article content maintenance Article content , commercial truck Article content rental Article content , and Article content used vehicle sales Article content to some of the world's most-recognized brands. Ryder provides services to businesses across more than 20 Article content industries Article content throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at approximately 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; environmental management; safety, health and security programs; and recruitment and hiring initiatives. Article content Article content Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are 'forward-looking statements' within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Article content Article content Article content
Yahoo
4 days ago
- Automotive
- Yahoo
Ryder Announces its Drivers of the Year: Honoring the Heroes Behind the Wheel
The 53rd annual award recognizes top-performing drivers for outstanding safety records, customer service, and community leadership. Three honorees bring 105 years of combined experience and have logged nearly 6 million safe miles. MIAMI, June 19, 2025--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) announces the winners of its 53rd annual "Driver of the Year" award, celebrating three professional truck drivers who exemplify the highest standards of safety, service, and leadership across its supply chain, dedicated transportation, and fleet management businesses. This year's honorees—James "Jim" Jones, Roland Esquibel, and Mark Jones—earn induction into the Ryder "Driver Hall of Fame" not just for their stellar driving records, but for their lasting impact on the company, their teams, and their communities. Together, these three road warriors bring 105 years of combined experience and have logged nearly 6 million miles. "Our drivers move more than freight. They move our company and our customers' businesses forward," says Ryder Chairman and CEO Robert Sanchez. "Jim, Roland, and Mark represent the very best of Ryder and our customers, from their skill behind the wheel to their character and commitment to their communities. They are true ambassadors of our values and our brand." James "Jim" Jones | Supply Chain SolutionsBased in Mason, Mich., Jim Jones is a standout performer in Ryder's Supply Chain Solutions business, bringing 38 years of professional driving experience; including the past eight years with Ryder. Over the course of his career, he has driven more than 2 million miles, all while maintaining a stellar safety record and a steady hand under pressure. When he's not on the road, Jim serves as a volunteer firefighter with the Mason Fire Department, demonstrating his deep-rooted commitment to service. Known for his calm demeanor and team-first attitude, Jim embodies the values of responsibility and reliability that define Ryder's professional driver community. Roland Esquibel | Dedicated Transportation SolutionsHailing from Devine, Texas, Roland Esquibel brings unmatched dedication and professionalism to Ryder's Dedicated Transportation Solutions segment. With 35 years of professional driving experience—including the past four years with Ryder—Roland has logged more than 2.3 million miles over his career. A respected U.S. military veteran and proud member of the Veterans of Foreign Wars, Roland channels his service and leadership skills into every delivery. Beyond work, he actively supports his community through his local church, continuing his lifelong mission of service and mentorship. Mark Jones | Fleet Management SolutionsOperating out of Sacramento, Calif., Mark Jones is the recipient of Ryder's Fleet Management Solutions' (FMS) "Customer Driver of the Year" award, which recognizes drivers who go above and beyond to keep roads safe while operating Ryder vehicles. With 32 years of safe driving performance and more than 1.5 million miles driven, Mark also mentors new drivers and plays a key role in ensuring reliable, on-time deliveries for Ryder's FMS customers. A decorated U.S. Air Force veteran who served in Operation Desert Storm, he earned three Bronze Stars and the Southwest Asia Service Medal, bringing the same discipline and excellence from his military career to the road every day. About the AwardRyder's Driver of the Year program stands as a cornerstone of the company's commitment to excellence behind the wheel. Each year, a select group of top performers from Ryder's 13,400-strong professional driver workforce, as well as from our FMS customer base, earn this elite recognition. Candidates are carefully vetted through a comprehensive selection process led by Ryder executives, safety specialists, and veteran drivers, making it one of the company's longest running and most prestigious awards programs. To learn about professional driver positions available at Ryder, visit Ryder Jobs and Careers | Work at Ryder. About Ryder System, System, Inc. (NYSE:R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract packaging and manufacturing, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, cross-border solutions, full-service fleet leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world's most-recognized brands. Ryder provides services to businesses across more than 20 industries throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at approximately 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; environmental management; safety, health and security programs; and recruitment and hiring initiatives. Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. ryder-ar View source version on Contacts Anne Hendricks, amhendricks@ Amy Federman, afederman@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Business
- Yahoo
Ryder Chairman & CEO Robert Sanchez to Address Wells Fargo Industrials & Materials Conference
MIAMI, June 05, 2025--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chairman & CEO Robert Sanchez to address Wells Fargo Industrials & Materials Conference. Who: Ryder System, Inc. Chairman & CEO Robert Sanchez What: Wells Fargo Industrials & Materials Conference When: Wednesday, June 11, 2025 Time: 8:45 a.m. CDT Webcast: To access the live webcast, visit About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract packaging and manufacturing, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, cross-border solutions, full-service fleet leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world's most-recognized brands. Ryder provides services to businesses across more than 20 industries throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at approximately 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; environmental management; safety, health and security programs; and recruitment and hiring initiatives. Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. ryder-financial View source version on Contacts For Information Contact: Amy Federman, afederman@ Calene Candela, ccandela@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
05-06-2025
- Business
- Business Wire
Ryder Chairman & CEO Robert Sanchez to Address Wells Fargo Industrials & Materials Conference
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chairman & CEO Robert Sanchez to address Wells Fargo Industrials & Materials Conference. Who: Ryder System, Inc. Chairman & CEO Robert Sanchez What: Wells Fargo Industrials & Materials Conference Time: 8:45 a.m. CDT Webcast: To access the live webcast, visit About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract packaging and manufacturing, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, cross-border solutions, full-service fleet leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world's most-recognized brands. Ryder provides services to businesses across more than 20 industries throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at approximately 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; environmental management; safety, health and security programs; and recruitment and hiring initiatives. Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are 'forward-looking statements' within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. ryder-financial
