Torque By Ryder news and trends

Virtual Cards in Hand, Fleet and Mobility Firms Seek to Modernize Working Capital Management
Commercial Payments // September 19, 2023

Fleet and mobility companies are turning the corner — a bit of pun intended — in modernizing payments, and the ways in which they leverage working capital to grow their operations. That same prudent working capital management can help fleet companies grapple with the vagaries...

Legacy Firms Prep for Digital Buyers Who Don’t Want to Talk to Procurement
Commercial Payments // July 18, 2023

Generational divides exist everywhere — but perhaps nowhere more than the business landscape. That’s part of why keeping up with rapidly changing technology and emergent digital strategies can prove to be a continuous challenge for many organizations, particularly companies where rising decision-makers and entrenched leaders...

Technology Streamlines the Road Ahead for Tomorrow’s Commercial Fleet Management
Innovation // July 14, 2023

The wheels on a truck go ‘round and ‘round – until sometimes they don’t. And when they don’t, when shipments and schedules get disrupted, there is a snowball effect that can derail key organizations and vendors across an entire supply chain, often with negative downstream...

Ryder System Introduces Retail Mobile Maintenance for Commercial Fleets
B2B Payments // July 12, 2023

Ryder System has introduced a service that offers businesses and fleet owners access to retail mobile maintenance with no long-term contracts. With the new service, Torque by Ryder, customers can schedule, receive, track and pay for services via their desktop or mobile device and have the services...

Quick Reads
Ryder Expands Mobile Maintenance Fleet Services With Pit Stop Acquisition

July 15, 2024
Ryder System plans to expand its retail mobile maintenance offering with an acquisition of Pit Stop Fleet Service. The company entered into an agreement to acquire Pit Stop and expects to complete the transaction by Aug. 1, subject to customary closing conditions, Ryder said in a Monday (July 15) press release. “With our complementary retail […]

Ryder System Introduces Retail Mobile Maintenance for Commercial Fleets

July 12, 2023
Ryder System has introduced a service that offers businesses and fleet owners access to retail mobile maintenance with no long-term contracts. With the new service, Torque by Ryder, customers can schedule, receive,...