UPDATE 2-Ryder cuts some Latin American ops, 3,100 jobs

Newswire

(Adds operational details, earnings outlook, company comment, stock action) DETROIT, Dec 17 (Reuters) - U.S. truck leasing and logistics company Ryder System Inc said on Wednesday it was discontinuing its supply chain operations in Brazil, Argentina and Chile and cutting 3,100 jobs, citing deteriorating global economic conditions. Ryder said it was also pulling out of supply chain contracts in Europe and would focus on expanding its United Kingdom operations. The moves represent a ...

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