Results
Ryder System Inc.
10/22/2026 | Press release | Distributed by Public on 10/22/2026 14:57
Quarterly Report for Quarter Ending SEPTEMBER 30, 2026 (Form 10-Q)
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS - (Continued)
◦Higher prices for vehicles, diesel engines, vehicle parts and fuel as a result of regulations, tariffs, trade policies or inflationary pressures.
◦Higher-than-expected maintenance costs and lower-than-expected benefits associated with our maintenance initiatives.
◦Lower-than-expected revenue growth due to production delays, lost business or supply chain or other disruptions affecting our automotive SCS customers or other customers.
◦The inability of an original equipment manufacturer or supplier to provide vehicles or vehicle components as scheduled.
◦Our inability to successfully execute our strategic returns and asset-management initiatives, maintain our fleet at normalized levels and right-size our fleet in line with demand.
◦Our key assumptions and pricing structure, including assumptions regarding inflation, in our SCS and DTS contracts proving inaccurate.
◦Increased unionization, labor strikes and work stoppages.
◦Difficulties attracting and retaining professional drivers, warehouse personnel and technicians due to labor shortages, which may result in higher costs and turnover rates.
◦Our inability to manage our cost structure.
◦Our inability to limit our exposure for customer claims.
◦Unfavorable or unanticipated outcomes in legal or regulatory proceedings or uncertain positions.
◦Business interruptions or expenditures due to severe weather or other natural occurrences.
◦Changes in assumptions, timing or other circumstances relating to anticipated pension plan settlements, including the anticipated U.K. pension settlement.
•Financing Concerns:
◦Higher borrowing costs.
◦Increased inflationary pressures.
◦Unanticipated interest rate and currency exchange rate fluctuations.
◦Negative funding status of our pension plans caused by lower-than-expected returns on invested assets and unanticipated changes in interest rates.
◦Instability in U.S. and worldwide credit markets, resulting in higher borrowing costs and/or reduced access to credit.
•Accounting Matters:
◦Reductions in residual values or useful lives of revenue earning equipment.
◦Increases in compensation levels, retirement rates and mortality resulting in higher pension expense.
◦Changes in accounting rules, assumptions and accruals, including the timing or effects of adoption of new accounting standards.
•Other risks detailed from time to time in our SEC filings, including our 2025 Annual Report on Form 10-K and in "Item 1A.-Risk Factors" of this Quarterly Report.
New risk factors emerge from time to time, and it is not possible for management to predict all such risk factors or to assess the impact of such risk factors on our business. As a result, we cannot provide assurance as to our future results or achievements. You should not place undue reliance on the forward-looking statements contained herein, which speak only as of the date of this Quarterly Report. We do not intend, or assume any obligation, to update or revise any forward-looking statements contained in this Quarterly Report, whether as a result of new information, future events or otherwise.
Ryder System Inc. published this content on October 22, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 22, 2026 at 20:57 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]