Here are 75 supply chain companies as compiled by Inbound Logistics that have significant commitment to efficiency and sustainability in their companies and in the supply chain. Shipping companies include major shipping companies: packaging (FedEx, DHL, UPS), cargo and trucking companies.
Ryder Logistics has been honored with this distinction for 11 consecutive years. See here in business wire. Wow.
Some of the Ryder efficiencies include EV and Fuel cell solutions for (client) trucks. But a critical first step in shipping is the efficiency of routing and shipping. If a "better" route can reduce the truck and driver time by 10%, the savings are huge. Provide that savings to thousands of client fleets, and Ryder really makes a difference.
Financially, doesn't Ryder (R) stock seem rather cheap, even after a big run up to $59 this week. Forward PE is 9, PEG 0.63, Dividend Yield is almost 4%. The company has orders/contracts for years, even decades. I guess that's the impact of a little trade warring and economy slowing? Uncertainty can really whack out those companies in the middle of everything -- especially shipping and logistics companies.
Glad to have been associated with Ryder in the past.
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