Ryder’s Q2 earnings beat expectations thanks to a booming used vehicle market, driving $3.73 per share—up from forecasts—and boosting their 2026 EPS outlook to $14.40–$14.80. Despite a slight stock dip, the company’s future looks strong: used vehicle prices rose 3–6% YoY, they’re selling for more than depreciated value, and utilization rates on rentals are climbing. Contract logistics also gains traction with more customer vehicles. While looming truck manufacturer price hikes due to regulations and inflation remain a wildcard, Ryder’s diversified growth and used vehicle tailwinds position them for continued momentum.
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