| Title: | Summary: Ryder System Inc. |
| Price: | $175.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | Summary |
| Abstract: | Ratings on Ryder System Inc. reflect strong market positions in its major businesses, and the ability to generate strong and stable cash flow even in periods of weak demand due to its multiyear leases. Ratings also incorporate the weaker business profile of the company's logistics operation and the cyclicality of its commercial truck rental business. Miami, Fla.-based Ryder, the second-largest full-service truck lessor in North America, has strong market positions in commercial truck rentals and logistics. The company's Fleet Management Solutions (FMS) segment, which includes full-service truck leasing, commercial truck rentals, and contract maintenance of vehicle fleets, accounts for approximately 57% of Ryder's revenues (excluding intercompany eliminations). This is Ryder's highest margin business, with a pretax margin of about 13%. |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Ryder System Inc. Publication date: ##-May-#### Primary Credit Analyst: Anita Ogbara, New York (#) ###-###-####; anita_ogbara@standardandpoors.com Credit Rating: ###+/Stable/### Rationale Ratings... |
| Word Count: | 1029 |
| Ticker: | R |
| Issuer: | Ryder System Inc. |
| GICS: | Trucking (20304020) |
| Sector: | Global Issuers, Corporations, Transportation |
| Country: | United States |
| Region: | United States |
| Format: | 
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