President of Global Supply Chain Solutions & Dedicated Transportation Solutions, Ryder System
Search every verified John Sensing interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2024 episode of Ryder's "On Location" video series, Sanchez discussed the company's history and employee stock ownership at the New York Stock Exchange. He stated that being listed on the NYSE in 1960 was a milestone that allowed Ryder to grow into its current form, and noted that the public markets enabled founder Jim Ryder to take the company national. Sanchez also highlighted the role of investor relations in keeping investors informed about the company's work. In a September 2015 interview on CNBC's "Mad Money," Sanchez addressed market perceptions of Ryder's financial performance. He attributed a reported decline in revenue to lower fuel costs, which are passed through to customers, and stated that operating revenue excluding fuel was up 6% across business segments. Sanchez described Ryder's truck rental, leasing, and logistics businesses as healthy and growing, and said the company works with both traditional retailers moving into e-commerce and new companies lacking infrastructure. He also distinguished Ryder's rental business from that of United Rentals, noting that rental represents a smaller share of Ryder's revenue.
“Being listed on the New York Stock Exchange in 1960 was a milestone for Ryder. It really allowed us to grow into the company that we are today.”
“The important work that Calene is doing in investor relations keeps our investors informed of the great work that our Ryder team is doing.”
“Thanks to the stock exchange and thanks to the public markets, Jim Ryder was able to take the company national by accessing the capital needed to grow.”
“Today we have around 46 million shares of Ryder that are outstanding. A lot of those are held by institutional investors like Fidelity, and many employees also own Ryder shares through our employee stock purchase program.”
“As an employee, you get the benefit of buying stock at a discount and can benefit from the appreciation of the stock as the company continues to do well.”
“The top line being down is all due to the fuel cost and fuel prices being down, but the profit margin stays similar. If you look at the operating revenue that excludes fuel, that was actually up 6% across each of the business segments.”
“It's any company that needs help on how to get products from point A to point B is what Ryder can come in and help. Sometimes we're working with traditional retailers moving into e-commerce, and other times with new companies that don't have the infrastructure and are looking for a partner to help build out their e-com...”
“Our rental business was up 8%, and rental is only 10% of Ryder's revenues, compared to United Rentals where rental is a much larger percent. Our rental business is very healthy, and we actually increased the number of units to add to our rental fleet because of additional demand.”
“Ryder is primarily North America based, dealing with product movements inside North America. Our truck rental, truck leasing, and logistics businesses are all very healthy and growing, with leasing growing more than it has in decades.”
“The market misunderstood Ryder's revenue because it includes fuel resold to customers. As fuel prices dropped, revenue appeared lower, but profit margins remained stable, reflecting the true health of the business.”
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