Growth Trends

Macro business trends are driving greater interest in outsourcing. Ryder is positioned to meet this demand with innovative new solutions, flawless execution, and the best talent in the industry.

Economic and business trends are converging to create a highly favorable environment for outsourcing of transportation and logistics services and the market opportunity for Ryder is huge.

Only 10% of the North American trucking and supply chain market is currently outsourced. However, fleet owners and shippers who are still managing these functions on their own are facing an increasing range of challenges.

  • An aging North American fleet is forcing businesses to begin a new vehicle replacement cycle.
  • The cost and complexity of complying with government regulations such as EPA mandated engine technology changes and CSA continues to increase.
  • Volatile energy prices make it difficult for businesses to predict and manage transportation costs.
  • The continued tight credit market continues to limit access to capital.
  • Dynamic sourcing strategies continue to increase the complexity of managing supply chains.
  • Attracting and retaining qualified professional drivers continues to be a significant challenge.

With a legacy of innovation, and more than 80 years refining its business model, Ryder is better positioned than ever to take advantage of these trends and the resulting increased demand for the company’s services.

(1) GAAP total revenue growth increased 3% from 2012 to 2013. Operating revenue is a non-GAAP financial measure. Refer to the sections titled “Full Year Consolidated Results” and “Non-GAAP Financial Measures” presented in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in our 2013 Annual Report on Form 10-K for more information and a reconciliation of operating revenue to total revenue. The Annual Report can be accessed by clicking here and is available in the Investors area of our website at investors.ryder.com.