Ryder takes $50 million 3Q charge
Miami-based Ryder System Inc., a provider of supply chain and transportation management services, said it will take a $50- to $54-million charge against its third quarter 2001 net income to cover a continuing restructuring of its business. Despite that charge, Ryder said it should still meet or exceed previous after-tax per share earning estimates of $0.47 to $0.49 per share. The four primary reasons