Ryder System Inc at Goldman Sachs Industrials and Materials Conference (Virtual) Transcript

May 12, 2021 / 07:30PM GMT
Jordan Robert Alliger - Goldman Sachs Group, Inc., Research Division - Research Analyst

All right. Okay. I think, everyone, we're back. Thank you so much for your patience. We had a few technical difficulties, so I'm going to skip my intro and just introduce Robert Sanchez, CEO of Ryder, who is going to make a few opening comments, and then we'll go into Q&A. Thanks.

Robert E. Sanchez - Ryder System, Inc. - Chairman, CEO & President

All right. Great. Thank you, and good afternoon, everyone. Let me just give you a couple-minute background on Ryder. Ryder is a Fortune 500 transportation and logistics outsourcing company with about $8.4 billion of revenue. We have about 280,000 vehicles that we own most of them and maintain them all, primarily in North America. We operate about 63 million square feet of distribution and warehouse space for our supply chain customers. And we have just under 40,000 employees who work for Ryder.

About 60% of our business, I would say, is the outsourcing of the trucks for our fleet management business. 13% of the

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