Ryder System Inc at Citi Global Industrial Tech and Mobility Conference (Virtual) Transcript

Feb 24, 2022 / 05:10PM GMT
James Monigan - Citigroup Inc., Research Division - Senior Associate

Welcome. We're continuing Day 3 of the Citi Transportation -- Citi Global Industrial Conference today with Ryder. I have with me Robert Sanchez, Chairman and CEO of Ryder; and John Diez, CFO and EVP. And I think it might be helpful if we actually just start off with a broad overview of Ryder, who you are and just a warm introduction for investors.

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

All right. Great. Well, let us give you a quick intro. By the way, it's great to be live again, James. It's been 2 years since I've done one of these without having a Zoom call in the middle. So to start, Ryders in the transportation logistics outsourcing business, we've been in business for almost 90 years, just under $10 billion of revenue in 2021.

Our business is made up of 3 primary segments. First, our fleet management business, which is a truck leasing and rental business. We have a fleet of about 250,000 vehicles, commercial vehicles that we lease to our customers,

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