The Car and Truck Fleet and Leasing Management Magazine

Ryder Third-Quarter Profit Surges

November 2, 2004

Truck-rental company Ryder System Inc. reports that its third-quarter profit rose 45 percent on strong commercial revenue, according to the Associated Press. Quarterly income rose to $54.3 million, or 83 cents per share, from $37.5 million, or 58 cents per share, a year ago. The company said these results included a 1-cent gain from the sale of the final parcel at the company's headquarters complex. Revenue rose 9 percent to $1.31 billion from $1.19 billion during the same period last year. The company said its fleet management solutions segment, which rents and maintains vehicles for businesses, grew 14 percent. Commercial rentals, a part of the fleet management segment, grew 22 percent.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

Kenneth Glaser worked with Lend-Lease Transportation Co.

Read more

Up Next

More From The World's Largest Fleet Publisher