Helps educate customers and fleet owners about the financial and
environmental advantages of alternative fuel transportation solutions
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, today announced that it has launched
a new alternative fuels website at www.ryder.com/alternativefuels
to help customers and fleet owners better understand how they can reduce
transportation costs, while meeting sustainability objectives.
With just a few clicks, businesses can get all the information they need
about the financial, environmental, and long-term advantages of natural
gas, hybrid, and electric vehicle technologies. In addition to
explaining the various fleet technologies, the site provides one-stop
access to the latest news on Ryder alternative fuel products, programs,
and initiatives.
“This new online resource is part of Ryder’s ongoing effort to drive
innovation across the industry and extend our leadership in alternative
fuels,” said John Diez, Senior Vice President of Asset Management, Fleet
Management Solutions for Ryder.
As the cost of diesel fuel continues to rise and fluctuate, businesses
are looking for more affordable and predictable price solutions.
Alternative fuel technologies, such as natural gas, electric, and hybrid
vehicle options, can deliver this kind of cost advantage, while helping
companies reduce their vehicle-generated emissions. Regardless of fleet
size or delivery application, Ryder can help businesses determine the
best alternative fuel solutions to meet their needs. Businesses looking
to get started can now visit www.ryder.com/alternativefuels
to begin evaluating Ryder’s offerings and to initiate contact with a
Ryder alternative fuels expert.
“We continue to see substantial interest in the marketplace for natural
gas vehicles and other alternative fuel technologies,” continues Mr.
Diez. “Ryder’s new alternative fuels website helps to make all of our
knowledge, expertise, and experience easily accessible to fleet managers
who want to learn more about the benefits of new, cleaner and more
efficient commercial vehicle technologies.”
Ryder is the leader in alternative fuels for the commercial truck
leasing and rental industry. In 2010, The San Bernardino Associated
Governments (SANBAG) selected Ryder as its fleet partner in a
ground-breaking natural gas project in Southern California – the first
of its kind to deploy natural gas vehicles into a large commercial truck
leasing and rental operation. The $38.7 million project is being funded
as part of a joint public/private industry partnership between the U.S.
Department of Energy, the California Energy Commission, and Ryder. The
project includes 202 heavy duty natural gas vehicles and three
strategically located maintenance shops in Rancho Dominguez, Orange, and
Fontana. When fully implemented, the project will displace more than 1.5
million gallons of diesel annually with 100 percent domestically
produced low-carbon natural gas.
About Ryder
Ryder is a FORTUNE 500® commercial transportation, logistics and supply
chain management solutions company. Ryder’s stock (NYSE:R) is a
component of the Dow Jones Transportation Average and the Standard &
Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder
as the top third party logistics provider and included Ryder in its 2010
and 2011 “Green Partners” listing. Ryder also ranked 114 out of the top
500 U.S. companies and sixth in its industry sector in the 2010 Newsweek
Green Rankings. Ryder is a charter member of the NGV Fleet Forum and a
member of the Department of Energy’s National Clean Fleets partnership.
Ryder is also a proud member of the American Red Cross Annual Disaster
Giving Program, supporting national and local disaster preparedness and
response efforts. For more information on Ryder System, Inc., visit 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.
Source: Ryder System, Inc.