Ryder System, Inc. R is one of the leading providers of integrated logistics and transportation solutions. Product offerings range from full-service leasing, commercial rental and programmed maintenance of vehicles to integrated services such as dedicated contract carriage and carrier management.Ryder’s efforts toward deploying a fuel-efficient fleet will help strengthen its foothold in the rapidly growing market of environment-friendly vehicles. Moreover, declining oil prices will help the company boost margins in the forthcoming quarter.However, increased competition could create downward pressure on freight rates and continued rate pressure may adversely affect the company’s profitability. Further, Ryder is exposed to the residual risk on the value of its fleet of vehicles.Currently, Ryder has a Zacks Rank #3 (Hold), but that could definitely change following Ryder’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:Earnings: The company’s first quarter 2016 earnings (on an adjusted basis) of $1.12 per share beat the Zacks Consensus Estimate of $1.05 per share.Revenue: Ryder reported revenues of $1,629.7 million beating the Zacks Consensus Estimate of $1,599 million.Key Stats to Note: The company still expects 2016 adjusted earnings in the band of $6.10 to $6.30 per share. The Zacks Consensus Estimate for 2016 is $6.14 per share. The Company expects second quarter adjusted earnings per share in the band of $1.50 to $1.55. The Zacks Consensus Estimate for the second quarter of 2016 is $1.61 per share.Check back later for our full write up on this Ryder earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RYDER SYS (R): Free Stock Analysis Report To read this article on Zacks.com click here.