MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), a leader in commercial transportation and
supply chain management solutions, announced today that
Scott Perry
,
Vice President of Supply Management for Ryder, will be participating on
a panel at the 2012 Alternative Clean Transportation (ACT) Expo, North
America’s largest alternative fuels and clean vehicle technologies
conference. The panel, titled “Funding and Financing: Business Cases for
Fleet Deployment Projects,” will take place on May 17 at the Long Beach
Convention Center in Long Beach, Calif. Mr. Perry is responsible for
developing Ryder’s alternative fuel vehicle offering, which includes
leading the company’s successful commercial natural gas truck deployment
in Southern California. He will discuss how to facilitate the deployment
of alternative fuel vehicle fleets by leveraging outsourced
transportation solutions such as rental and leasing. In addition, as
previously announced, Ryder Chairman and CEO
Greg Swienton
will deliver
a keynote address at ACT Expo on Thursday, May 17. Mr. Swienton will
provide an overview of how Ryder is expanding acceptance of and access
to clean vehicle technologies in North America.
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 liquified natural gas vehicles that
are currently deployed in customer operations in California, Arizona and
Michigan. To learn more about Ryder’s commitment to alternative fuels
visit www.ryder.com/alternativefuels.
As North America’s largest convergence of alternative fuels stakeholders
each year, ACT Expo attracts thousands of attendees for cutting-edge
discussions about the economic, environmental, and energy security
benefits of alternative fuel use in transportation. Program topics for
the 2012 agenda will include a focus on electrification of the
transportation industry, the development of national infrastructure
systems, a spotlight on the investment decision making process, and a
discussion on how fleets can move past the tipping point and integrate
large-scale deployments of AFVs into their fleet operations. The 100,000
square foot expo hall will complement this program by featuring an
exceptional array of advanced transportation and alternative fuel
vehicles, equipment and technologies; it will be open to the public on
May 16 and 17. For more information on the 2012 ACT Expo, visit www.actexpo.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
and follow us on Facebook,
YouTube,
and Twitter.
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.