January 29, 2018 / 10:10 PM / 3 months ago

BRIEF-Ryder System Says Co Estimates It Will Record Net One-Time Benefit From Tax Act Of About $586 Mln In Qtr Ended Dec 31, 2017

Reuters Staff

1 Min Read

Jan 29 (Reuters) - Ryder System Inc:

* RYDER SYSTEM INC - CO ESTIMATES THAT IT WILL RECORD NET ONE-TIME BENEFIT FROM TAX ACT OF ABOUT $586 MILLION IN QUARTER ENDED DECEMBER 31, 2017

* RYDER-WITH THE TAX ACT, AWARDED 1-TIME CASH BONUS,ESTIMATED TO BE ABOUT $23 MILLION TO ALL NON-INCENTIVE BONUS ELIGIBLE EMPLOYEES EMPLOYED ON DEC 31,2017 Source text: (bit.ly/2nm5Qyp) Further company coverage:

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