LONDON, UK / ACCESSWIRE / September 20, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Ryder System, Inc. (NYSE: R) ("Ryder"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=R. The Company announced on September 18, 2017, the appointment of Frank Mullen to the position of Vice President and Controller. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Roles and Responsibilities of the Position

As the Vice President and Controller, Frank Mullen would directly report to Ryder's Executive Vice President and Chief Financial Officer (CFO), Art A. Garcia. In this new position, Mullen would serve as Ryder's Principal Accounting Officer, wherein he would be responsible for corporate accounting and planning, internal and external financial reporting, vehicle administration, as well as accounting for insurance, benefits, payroll, and sales tax.

Mullen's Past Experience

Prior to joining Ryder, Frank Mullen held the position of Senior Vice President and Chief Accounting Officer at Global Eagle Entertainment. Previously, he was working with Pinnacle Foods Inc. wherein he served as the Vice President and Controller.

Before that, Mullen worked with Aramark for more than 15 years wherein he held various positions of increasing responsibility in accounting as well as finance.

Mullen had started his career in the audit and assurance practice of Arthur Andersen LLP.

In terms of educational qualifications, he holds a Bachelor's Degree in Accounting from the Villanova University. Mullen is also a Certified Public Accountant.

Welcoming Comments from CFO Art Garcia

Garcia welcomed Mullen to the new position and cited that Mullen brings with him more than 25 years of experience in finance and accounting. He also stated that Mullen has the unique ability to lead and motivate large global teams to this important role.

Ryder to Showcase 2018 Volvo VNR 300 at the BevOps Fleet Summit

Ryder declared on September 14, 2017, that it would sponsor the 12th annual BevOps Fleet Summit, hosted by Beverage Industry magazine. The Summit provides an opportunity for learning and information sharing about warehousing, operations, and fleet management. It would be held at the Sheraton Grand at Wild Horse Pass in Phoenix, Arizona from September 19 to 22, 2017. Scott Perry, Chief Technology & Procurement Officer at Ryder, and Rueben Stokes, Director of National Sales – Next Generation Vehicles at Ryder, would be the conference presenters for this summit.

The four-day conference is intended to discuss business challenges and industry trends in today's beverage marketplace. It would also feature an exclusive tour of a local beverage distributor, 40 sponsor exhibits, and a golf outing. In the Summit, Ryder plans to showcase its brand new 2018 Volvo VNR 300, a lightweight, efficient day cab, which delivers maximum payload and maneuverability. The vehicle is equipped with a lift axle solution for 6x2 tractor configurations, which is ideal for regional applications. Moreover, it comes with an Adaptive Loading feature that helps trucks run at peak fuel efficiency and performance, senses weight differentiation, and automatically lifts the axle to lessen friction and save fuel.

About Ryder System

Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions Company. The Company offers a full menu of transportation and logistics solutions for thousands of Companies in the food and beverage industry. It is recognized as one of the World's Most Admired Companies and it is revered for its industry-leading practices in third-party logistics, environmentally friendly fleet and supply chain solutions, and world-class safety and security programs.

Last Close Stock Review

Ryder System's share price finished yesterday's trading session at $79.83, slightly advancing 0.01%. A total volume of 410.16 thousand shares have exchanged hands. The Company's stock price surged 18.44% in the last three months, 9.87% in the past six months, and 22.33% in the previous twelve months. Additionally, the stock gained 7.24% since the start of the year. Shares of the Company have a PE ratio of 19.03 and have a dividend yield of 2.30%. The stock currently has a market cap of $4.23 billion.

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