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Citigroup Upgrades Ryder System to Buy, Raises Price Target to $285

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    Ryder Boosts Its Northeast Network With Two New Used Truck Services

    Ryder System, Inc. has expanded its used commercial vehicle sales network by relocating its Kearny facility to Newark and opening a new sales center in North Bergen, New Jersey. The Newark location provides direct access to the Port of Newark and major transportation corridors, supporting Ryder's port-to-door strategy and operational efficiency. Both facilities offer used vehicle warranties and enhance Ryder's competitive position in the critical New York-New Jersey logistics hub.