But, it also means its team has strict rules and doesn’t need to cater to its customers as much as other companies. With Ryder, you choose a service with decades of success and a robust network of customer and technical support. It actually employs people, instead of sucking all revenue into a digital store owned by a small few. Ryder’s 9 billion annual revenue does all the talking-it doesn’t need a desperately engaged Twitter presence. In a world of smartphone apps and e-commerce stores, it might seem impossible for a company with a small digital footprint to turn a profit-especially considering its tens of thousands of employees on payroll (another aspect of Ryder’s business that young entrepreneurs shudder to contemplate). Ryder is as far from a sexy Silicon Valley startup as a company can be. Ryder is also a publicly-traded company, with a diversified business model that works in supply chain management, transportation services, and fleet management.Ī major company in the US (and in Europe, where it has over 1k employees) with a long history, Ryder developed a charitable organization in 1984 that funds initiatives like Big Brothers Big Sisters of America, American Red Cross, Goodwill of South Florida, and many more. And, as of 2019, it has a 24 million annual net income. The brand’s headquarters are still in Miami, Florida. Today, it’s a major transportation company with 4 0k employees. It started out moving concrete, with only one truck on the road. Ryder was founded in the Sunshine State in 1933 by James Ryder.
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