Ryder To Induct 4,000 Addl. BrightDrop Electric Vans To Its Fleet Through 2025

RTTNews | 832 days ago
Stocktwits
Ryder To Induct 4,000 Addl. BrightDrop Electric Vans To Its Fleet Through 2025

(RTTNews) - Logistics and transportation company Ryder System, Inc. (R) announced Monday its plan to introduce 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its lease and rental fleet through 2025, with the first 200 to be ordered this year.

The expanded offering will enable Ryder customers to test and broaden their EV footprint, enhance the driver experience, and accelerate their sustainability initiatives.

The Zevo 600 and Zevo 400 electric vans boast a range of up to 250 miles on a full charge, and can support a payload of about 2,000 to 3,400 lbs.

Ryder plans to deploy model year 2023 Zevo 600 electric vans in its rental fleet in California, Dallas-Fort Worth, and New York City later this year.

The new 2024 Zevo 600 and Zevo 400 models for lease and rental customers are expected to be available as early as summer 2023 and into the first quarter of 2024.

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Ryder System Boosts FY24 Earnings Outlook As Q1 Results Top Estimates

Ryder System Boosts FY24 Earnings Outlook As Q1 Results Top Estimates

While reporting financial results for the first quarter on Tuesday, Ryder System, Inc. (R) raised its earnings and comparable earnings guidance for the full-year 2024, while trimming revenue growth outlook. The company also provided financial outlook for the second quarter.
RTTNews | 446 days ago
Ryder System Guides FY24 Adj. EPS In Line With Estimates - Update

Ryder System Guides FY24 Adj. EPS In Line With Estimates - Update

While reporting financial results for the fourth quarter on Wednesday, Ryder System, Inc. (R) initiated its earnings, comparable earnings and revenue growth guidance for the full-year 2024. The company also provided financial outlook for the first quarter.
RTTNews | 515 days ago
Swiss Market Ends Sharply Lower

Swiss Market Ends Sharply Lower

The Switzerland market closed weak on Friday, tracking weak global cues after U.S. President Donald Trump's latest tariff moves raised fears of a global trade war.
RTTNews | 1 day ago
European Stocks Close Weak As Trade War Fears Hurt Sentiment

European Stocks Close Weak As Trade War Fears Hurt Sentiment

European stocks closed lower on Friday as trade war fears resurfaced after U.S. President Donald Trump announced a 35% tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20% on most trading partners.
RTTNews | 1 day ago
Canadian Market Remains Weak On Tariff Concerns

Canadian Market Remains Weak On Tariff Concerns

After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
RTTNews | 1 day ago
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
RTTNews | 2 days ago
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