Transport Topics (May 16, 2022) - Transport Topics

What this episode covers

Ryder System Inc. has received an offer from HG Vora Capital Management to buy the trucking company for about $4.4 billion. HG Vora, a hedge fund that has a 9.9% stake in Ryder, offered $86 in cash for each Ryder share it doesn’t already own. Ryder said it would review the offer with its financial and legal advisers to determine the best course of action for its shareholders. Ryder Supply Chain Solutions ranks No. 11 on the Transport Topics Top 100 list of the largest for-hire companies in North America. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Frequently Asked Questions

How long is this episode of Transport Topics?

This episode is 3 minutes long.

When was this Transport Topics episode published?

This episode was published on May 16, 2022.

What is this episode about?

Ryder System Inc. has received an offer from HG Vora Capital Management to buy the trucking company for about $4.4 billion. HG Vora, a hedge fund that has a 9.9% stake in Ryder, offered $86 in cash for each Ryder share it doesn’t already own. Ryder...

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