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Ryder CEO John Diez to Address Wells Fargo 16th Industrials & Materials Conference

Business

Ryder CEO John Diez to Address Wells Fargo 16th Industrials & Materials Conference
Business

Business

Ryder CEO John Diez to Address Wells Fargo 16th Industrials & Materials Conference

2026-06-03 18:56 Last Updated At:19:00

MIAMI--(BUSINESS WIRE)--Jun 3, 2026--

Ryder System, Inc. (NYSE: R) CEO John Diez to address the Wells Fargo 16 th Industrials & Materials Conference.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603064216/en/

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a nearly $13 billion leading provider of outsourced logistics and transportation services throughout the United States, Canada, and Mexico. Ryder offers supply chain, dedicated transportation, and fleet management solutions that integrate every step of the supply chain port‑to‑door, including cross-border logistics, fleet and transportation management, warehousing and distribution, and final delivery to customers’ doorsteps. Ryder’s broad portfolio of services encompasses managed transportation, freight brokerage, dedicated contract carriage with professional drivers, full‑service fleet leasing and maintenance, commercial truck rental, automation and robotics, digital technologies, contract manufacturing and packaging, omnichannel retail fulfillment including e-commerce and last-mile delivery, and used vehicle sales. Serving more than 20 industries, Ryder manages approximately 240,000 commercial vehicles, operates nearly 800 maintenance locations, and runs approximately 320 warehouses totaling more than 100 million square feet. Ryder is consistently recognized for technology‑driven innovation and industry‑leading practices in safety, health, security, talent acquisition, and environmental management, and was most recently named to Fortune’s “America’s Most Innovative Companies” list. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

ryder-financial

Ryder System, Inc. CEO John J. Diez

Ryder System, Inc. CEO John J. Diez

BARCELONA, Spain--(BUSINESS WIRE)--Jun 3, 2026--

Wallbox (NYSE: WBX), a global provider of electric vehicle charging and energy management solutions, today announced the first real-world deployment of its Supernova PowerRing fast-charging system at Port de Sitges, a high-traffic destination on the Mediterranean coast near Barcelona.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603579499/en/

The installation marks the first operational deployment of Supernova PowerRing, Wallbox’s new intelligent fast-charging architecture introduced in late 2025. Designed to optimize power distribution across multiple chargers, PowerRing enables operators to scale fast-charging infrastructure more efficiently while making better use of available grid capacity.

The system installed at Port de Sitges includes three Supernova chargers designed to support a shared dynamic capacity of up to 240 kW once fully enabled. The PowerRing architecture is designed to automatically allocate available power across the chargers depending on the number of vehicles charging simultaneously, allowing each vehicle to receive between 80 kW and 240 kW based on demand, vehicle compatibility and available capacity.

Supernova PowerRing is designed to deliver high-power charging in a more flexible and efficient way. The system can provide up to 400 kW to a single vehicle, provided the vehicle is compatible and sufficient power is available within the system’s shared capacity, which can reach up to 720 kW. This dynamic approach allows operators to maximize charging performance while reducing the space, cost and infrastructure complexity typically associated with high-power charging sites.

“This first deployment is an important milestone for Supernova PowerRing and demonstrates how this technology can help operators deploy fast-charging infrastructure in a more efficient and flexible way,” said Eduard Castañeda, Chief Product & Technology Officer and Co-founder of Wallbox. “PowerRing has been designed to help operators optimize available power, scale their charging networks and maintain a high-quality charging experience for users.”

Thanks to its modular and compact design, Supernova PowerRing is suitable for a wide range of locations, including retail destinations, parking facilities, service stations, marinas, urban charging hubs and other high-traffic environments where space and power availability are key constraints.

The deployment at Port de Sitges forms part of Wallbox’s progressive rollout of Supernova PowerRing across European markets, as the company continues to expand its fast-charging portfolio for public and semi-public charging applications.

About Wallbox

Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 100 countries around the world. Founded in 2015 in Barcelona, where the company’s headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit www.wallbox.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the expected timing and completion of Wallbox’s planned restructuring, including the effectiveness of the restructuring plan; the negotiation and execution of definitive agreements contemplated under the restructuring plan on the terms previously described; the expected completion of the capital increase; the anticipated repayment of the bridge loan by set-off against subscription obligations; the Group’s projected cash generation and debt service capacity; and the Group’s ability to implement its business plan following completion of the restructuring.

The words “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “focus,” “forecast,” “intend,” “likely,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the risk that the restructuring plan may not become effective on the anticipated timeline or at all; that the terms of the restructuring may be modified in the course of implementation; as well as Wallbox’s history of operating losses; its ability to obtain adequate capital funding or improve its financial performance, as well as the other important factors discussed under the caption “Risk Factors” in Wallbox’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in its other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of Wallbox’s website at investors.wallbox.com. Any such forward-looking statements represent management’s estimates as of the date of this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Wallbox deploys its first Supernova PowerRing fast-charging system in Europe

Wallbox deploys its first Supernova PowerRing fast-charging system in Europe

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