Ryder System, Inc., founded in 1933 and headquartered in Miami, Florida, is a leader in logistics and transportation solutions. The company provides a variety of services, including fleet management, supply chain optimization, and dedicated transportation solutions, serving a diverse range of industries across North America and parts of Europe.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ryder began its bond issuance program in the early 1990s, with significant bond offerings in 2018, totaling $400 million, which were utilized for refinancing purposes. In recent years, Ryder's bond yields have been competitive within the logistics sector, providing investors with attractive options. The company’s bonds are often issued with maturities that align with its strategic objectives, and as of October 2023, the current yields reflect a stable credit profile amid an evolving market environment for corporate bonds, strengthening investor confidence in Ryder's financial stability.