Trends Favoring Outsourcing

  • Shortage of qualified drivers and maintenance technicians
  • Increasing cost and complexity to maintain new vehicle technology
  • Compliance requirements related to environmental and safety regulations
  • Complexity of global supply chains
  • Increased purchase and operating costs for fleets

Customers New to Outsourcing

A large percentage of new business is coming from companies outsourcing for the first time

40% FULL SERVICE LEASE New to Outsourcing
50% DEDICATED TRANSPORTATION SOLUTIONS New to Outsourcing
30% SUPPLY CHAIN SOLUTIONS New to Outsourcing

Operating Revenue 1

UP 3% FLEET MANAGEMENT SOLUTIONS
UP 8% DEDICATED TRANSPORTATION SOLUTIONS
UP 8% SUPPLY CHAIN SOLUTIONS

Progress On Our Growth Strategy

When we launched Ryder’s growth strategy several years ago, we said we’d grow the business organically by listening closely to customers, developing innovative solutions, and making it easier for “do-it-yourselfers” to begin doing business with Ryder. Even with challenging external conditions in 2016, we reached the highest levels of full-year revenue in Ryder’s history, and we closed the year with Ryder’s 13th consecutive quarter of record operating revenue. 1

1 Non-GAAP financial measure. For a reconciliation of these non-GAAP financial measures, click here to access our "Non-GAAP Reconciliation" presentation.