Ryder System Inc at Wolfe Research Global Transportation Conference Transcript
We typically put Robert on a panel with trucking carriers and we haven't really been able to dive deep in. Someone referred to it as a fireside chat, we can do more of a deeper dive here.
Questions & Answers
Robert, just frame the environment that you see right now. The trucking market certainly feels -- is looser. Spot rates are weak. How does this impact sort of Ryder and your businesses as you see things?
Well, I guess, for those of you who are not as familiar with Ryder, we're a transportation logistics outsourcing business. 60% of the business is a truck leasing and rental business, 15% of it is a Dedicated Transportation business and 25% of it is a 3PL supply chain logistics outsourcing business. So we don't -- we're not a truckload carrier, so we don't actually have that -- we
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