MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), a leader in commercial transportation and
supply chain management solutions, will participate in “Transforming
Trucking with Natural Gas,” a free educational event focused on
promoting opportunities for increasing the use of natural gas trucks in
commercial transportation. Vice President of Sales for Ryder’s Western
Region, Alex Madrinkian, will be a featured speaker and will discuss the
cost saving and environmental benefits of natural gas for commercial
trucking applications. The event, co-hosted by the Coalition for Clean
Air and the Southern California Gas Company and supported by the Port of
Long Beach, will be held on Tuesday, May 15, 2012 from 9:00 a.m. to
11:30 a.m. at the Center at Cathedral Plaza in Los Angeles, Calif.
Mr. Madrinkian will highlight Ryder’s leadership in natural gas,
specifically the company’s successful commercial natural gas truck
project in Southern California. Ryder became the first outsourced fleet
provider to offer heavy duty natural gas vehicles for the leasing and
rental industry through a groundbreaking natural gas vehicle project
with the San Bernardino Associated Governments (SANBAG) in Southern
California. Ryder’s partnership with SANBAG and the Southern California
Association of Governments (SCAG) Clean Cities Coalition includes the
deployment of 202 heavy duty natural gas-powered vehicles, made
available to customers for rent or lease or through Ryder’s dedicated
logistics services. As part of the project, Ryder is building two
natural gas refueling stations and has equipped three maintenance
facilities for the indoor servicing of natural gas vehicles in Fontana,
Orange, and Rancho Dominguez, Calif. 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.
Ryder’s natural gas fleet includes both compressed and liquid natural
gas vehicles that are currently deployed in customer operations in
California, Arizona and Michigan.
To register for the event, visit http://goodsmovementfortomorrow.eventbrite.com/.
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 a top third party logistics provider and included Ryder in its 2011
and 2010 “Green Partners” listing. Ryder has also been ranked two years
in a row as one of the top 250 U.S. companies in the Newsweek
Green Rankings. In addition, Security Magazine has named Ryder
one of the top companies for security practices in the transportation,
logistics, supply chain, and warehousing sector. Ryder is a proud member
of the American Red Cross Annual Disaster Giving Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com
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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.