News / Supply chain solutions business is not delivering up to expectations for Ryder

© Khunaspix Dreamstime.

Ryder Systems is pushing hard to grow its business, which comprises fleet management and supply chain solutions (FMS and SCS), with combined revenue of $6.6bn in 2014, as quarterly and annual results showed yesterday.

Yet Ryder Systems must deliver on its promises, and grow at a faster clip for its stock to rally from its current level of $88.5.

The group, a US-based supply chain solutions provider, forecasts full-year 2015 comparable earnings from continuing operations to be in the range of $6.25 ...