– Franklin Park, Illinois Company Signs with Ryder for On-Site
Maintenance Service and 205 Tractors –
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, announced it has been selected by
Multi Group Logistics, Inc., a premier provider of expedited asset-based
truckload service of general dry commodities based in Franklin Park,
Illinois, to provide on-site maintenance for its entire fleet of trucks
and trailers and a full service lease for 205 heavy duty tractors from
Ryder. The Ryder On-Site Fleet Maintenance solution brings Ryder’s
state-of-the-art maintenance technology and expertise right to the
customer’s location. Ryder’s On-Site Fleet Maintenance gives customers
all of the advantages of Ryder’s professionally managed vehicle
maintenance with the ease, convenience and reliability of on-site
service. Ryder’s Full Service Lease is a turnkey lease program that
includes vehicle configuration, financing, acquisition, maintenance and
disposal.
“Maintenance is a key element of our ‘on time, every time’ commitment to
our customers. We rely on our maintenance provider to maximize the
uptime and safety of our fleet,” said Vassil Bayraktarov, President of
Multi Group Logistics. “We looked at Ryder’s history and experience
providing vehicle maintenance and decided that having that expertise
on-site would provide the reliability, convenience, and speed we needed
to keep that promise.”
Ryder’s On-Site Maintenance facility, which will be located at Multi
Group Logistics’ Franklin Park headquarters, will service the trucking
company’s full fleet of 500 vehicles, which include the 205 heavy duty
tractors leased from Ryder, and 675 trailers. In addition, Multi Group
Logistics will be able to receive service for its entire fleet at any of
Ryder’s maintenance facilities throughout Ryder’s extensive U.S. network
of facilities. The On-Site Maintenance facility was built by Multi Group
Logistics and equipped by Ryder with the latest diagnostic technology
and computerized maintenance scheduling and recordkeeping systems. The
shop will be able to accommodate the maintenance of all of Multi Group’s
1,175 pieces of equipment.
Ryder’s On-Site Fleet Maintenance solution is ideal for companies of all
sizes and industries that need to maintain their fleets in the best
possible condition, and need quick turnaround whenever service is
required. Ryder currently operates more than 225 On-Site Fleet
Maintenance facilities in the United States, Puerto Rico and Canada, as
part of its total service network of 800 facilities.
“Running an efficient maintenance operation for commercial vehicles can
be a challenging task, with constantly changing vehicle technologies,
regulatory requirements, training, tooling, and staffing needs,” said
Dennis Cooke
, President of Global Fleet Management Solutions for Ryder.
“Our customers turn to Ryder for our expertise and 80 years of
experience in the industry. We make it our business to give them the
service levels they need, so they can focus on what they do best.”
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 green supply chain partner.
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.