Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Ryder
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== History == Ryder was founded in [[Miami|Miami, Florida]], in 1933 by James Ryder as a [[concrete]] hauling company with one truck, a 1931 Model "A" Ford.<ref name=companyhistory>{{cite web|url=http://www.ryder.com/aboutus_cinfo_history.shtml|title=Ryder History|publisher=Ryder System, Inc.|access-date=August 7, 2008|archive-url=https://web.archive.org/web/20061229101417/http://www.ryder.com/aboutus_cinfo_history.shtml|archive-date=December 29, 2006|url-status=live}}</ref> In 1938, Ryder signed a five-truck lease deal with Champagne Velvet Beer, increasing Ryder's fleet to 20 trucks.<ref>{{Cite web |url=https://ryder.com/about-us/history |title=History of Ryder's Trucking and Logistics |access-date=2018-07-16 |archive-url=https://web.archive.org/web/20180716170112/https://ryder.com/about-us/history |archive-date=2018-07-16 |url-status=live }}</ref> By the following year, the fleet had more than 50 trucks. This led to Ryder changing its focus from [[Distribution (business)|distribution]] to leasing. Ryder bought Great Southern Trucking Company in 1952. In 1955, Ryder System, Inc. was formed to combine Great Southern and Ryder Truck Rental. Ryder System went public in 1955.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/Ryder-System-Inc-Company-History.html|title=Ryder System, Inc. Company History|publisher=Funding Universe|access-date=May 7, 2011|archive-url=https://web.archive.org/web/20120123202359/http://www.fundinguniverse.com/company-histories/Ryder-System-Inc-Company-History.html|archive-date=January 23, 2012|url-status=live}}</ref> In the 1960s and 1970s, Ryder expanded into distribution and [[supply chain]]. James Ryder retired in 1978.<ref name="companyhistory" /> A Ryder truck was used in the [[Oklahoma City Bombing]] on April 19, 1995. <ref>{{cite news |last1=Serrano |first1=Richard |title=Agent Identifies McVeigh as Man Who Rented Truck |url=https://www.latimes.com/archives/la-xpm-1997-05-10-mn-57389-story.html |access-date=26 August 2024 |agency=Los Angeles Times}}</ref> In 1996, Ryder decided to focus on commercial truck rental and leasing, and exited the "one-way" consumer truck rental business; which was purchased by equity firm Questor Partners Fund LP, who later sold it to [[Budget Truck Rental]] in June 1998.<ref>{{Cite web|url=http://business.highbeam.com/industry-reports/personal/truck-rental-leasing-without-drivers|archive-url=https://web.archive.org/web/20101028054346/http://business.highbeam.com/industry-reports/personal/truck-rental-leasing-without-drivers|url-status=dead|archive-date=2010-10-28|title=Truck Rental and Leasing Without Drivers market report |website=highbeam.com|access-date=2017-10-11}}</ref><ref>{{Cite web|title=Budget To Acquire Ryder Deal Would Create No. 2 U.S. Truck, Car Rental Firm |url=https://www.spokesman.com/stories/1998/mar/05/budget-to-acquire-ryder-deal-would-create-no-2-us/|access-date=2020-09-20|website=www.spokesman.com}}</ref> In December 2011, the non-partisan organization [[Public Campaign#Reports|Public Campaign]] criticized Ryder for spending $960,000 on [[lobbying]] and not paying any taxes during 2008 to 2010, instead getting $46 million in tax rebates, despite making a profit of $627 million.<ref>{{cite web|last=Portero|first=Ashley|title=30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008β2010|url=http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm|work=[[International Business Times]]|access-date=December 26, 2011|archive-url=https://web.archive.org/web/20120107173713/http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm|url-status=live|archive-date=January 7, 2012}}</ref> In 2017 Ryder launched electric truck rentals in [[California]], and [[Chicago metropolitan area|Chicago]], [[Illinois]].<ref>{{Cite web |date=2017-11-03 |title=Ryder Adds Electric Trucks for Sale, Lease or Rent |url=https://www.ttnews.com/articles/ryder-adds-electric-trucks-rent-or-lease |access-date=2025-01-15 |website=Transport Topics |language=en}}</ref> The trucks were equipped with 70 kWh batteries, which had an estimated range of 100 miles.<ref>{{Cite news|url=https://www.theverge.com/2017/11/3/16598208/ryder-chanje-electric-van-rentals-new-york-california|title=Ryder will start renting electric vans in New York, California, and Illinois|work=The Verge|access-date=2017-11-03|archive-url=https://web.archive.org/web/20171103181830/https://www.theverge.com/2017/11/3/16598208/ryder-chanje-electric-van-rentals-new-york-california|archive-date=2017-11-03|url-status=live}}</ref> Ryder is the exclusive maintenance provider for [[Workhorse Group|Workhorse]]'s electric fleet in North America, first launched in the San Francisco Bay area in 2018.<ref>{{Cite web|date=3 May 2017|title=Ryder partners with Workhorse Group|url=https://www.fleetowner.com/resource-center/maintenance/article/21695945/ryder-partners-with-workhorse-group|access-date=2020-08-12|website=www.fleetowner.com}}</ref><ref>{{Cite web|last=Kane|first=Mark|date=30 March 2018|title=Workhorse N-GEN Electric Van Hits The Road|url=https://insideevs.com/news/337431/workhorse-n-gen-electric-van-hits-the-road/|access-date=2020-08-12|website=InsideEVs|language=en}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)