Third Quarter 2020 Earnings Conference Call
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3rd Quarter Results Overview - SCS
Supply Chain Solutions (SCS) total revenue up 11% and operating
revenue up 9%
- SCS total and operating revenue increased primarily due to new business,
higher volumes and increased pricing
Higher volumes partly due to increased automotive production support
following recent shutdowns and COVID-related freight increases in CPG and
Ryder Last Mile
SCS earnings before tax (EBT) increased 67% to $58M due to new
business, higher pricing and improved operating performance
SCS EBT percent of SCS total revenue and SCS operating revenue
were 8.4% and 11.8%, respectively
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SCS EBT percent of SCS operating revenue is above the company's long-term
target range of high single-digits
FLEET LEASING & MAINTENANCE I DEDICATED TRANSPORTATION I SUPPLY CHAIN SOLUTIONS
Ryder
Ever better.
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