If you are looking for a fleet management and logistics provider, you may be wondering, what is the brand Ryder System? This company has been in the business for over a century, and has acquired 32 trademarks to protect its intellectual property. While many companies have tried to copy the company’s brand and solutions, Ryder stands out for its unique approach. As a result, rivals cannot copy the company’s solutions without obtaining a license to do so.
In its core business, Ryder provides supply chain, transportation, and logistics solutions for large corporations and consumers. The company offers full service leasing, rental, maintenance, and commercial rental services. It also provides professional services to companies, including e-commerce fulfillment, last-mile delivery, and fleet management. In addition, the company operates more than 300 warehouses with a combined area of 55 million square feet, ensuring that customers can count on its reliable, affordable, and efficient transportation.
In the early 1980s, the company was doing very well, with contract carriage, full service truck leasing, and jet turbine aircraft overhaul. Despite the economic slump, Ryder managed to increase profits and move ahead alongside the manufacturing industry. In addition, Burns, who had risen through the ranks at the company, proclaimed his intention to be more forward-thinking and risk-taking. His bold move reduced one-way rental rates to less than half, usurping a large portion of the market and improving efficiency by acquiring two automobile carriage companies. As a result, the company moved 39 percent of automobiles shipped in 1990.