RYDER SYSTEM INC

Ryder System, Inc. (Ryder) is a leading provider of outsourced logistics and transportation services across North America. The company offers port-to-door solutions that integrate every step of the supply chain, including international inbound flows, cross-border logistics, fleet and transportation management, warehousing, manufacturing support, and multi-channel final delivery. Ryder's business segments provide a broad range of value-added solutions, aiming to reduce complexity and improve speed, reliability, and efficiency across the entire flow of goods for its customers. Ryder reports its financial performance through three business segments. The first, Fleet Management Solutions (FMS), offers full service leasing, commercial rental, and vehicle maintenance services. The second segment, Supply Chain Solutions (SCS), provides fully integrated logistics solutions. The third segment, Dedicated Transportation Solutions (DTS), delivers turnkey transportation solutions, which include dedicated vehicles, professional drivers, and management and administrative support. Dedicated transportation services that are part of an operationally integrated, multi-service supply chain solution for SCS customers are primarily reported within the SCS business segment. As of and for the year ended December 31, 2025, FMS total revenue includes eliminations. Ryder operates in highly competitive markets, with customers selecting services based on factors such as service quality, price, technology, and service offerings.