It was late spring 2022 when $70-or-so-a-share Ryder System (R) from Miami was approached by a suitor that was totally unconvinced that management had what it took to deliver shareholder value.
Now a $144-a-share trucking/leasing/supply chain firm expanding its logistics offering, with contract logistics* also one of its operating pillars, a key driver of its outperformance relative to prior cycles, in management’s own words:…
(*More about its 3PL operating model is here, …
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