Comprehensive Coverage up to 36 Months or 1.6 Million Kilometres
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, today announced it is now offering
extended warranty plans in Canada to complement the reliability of its
Ryder Road ReadyTM pre-owned vehicles. These innovative
extended warranty programs provide immediate, comprehensive power train
and emissions component coverage up to 36 months or 1.6 million
kilometres for pre-owned Ryder Road ReadyTM vehicles under
the terms specified in the coverage. Compared to other major suppliers,
this is one of the most complete warranty plans currently available,
covering all manufacturers, as well as Diesel Particulate Filters (DPF),
Exhaust Gas Recirculation (EGR) valves, injectors, water pumps,
turbochargers, transmission and rear axle(s), among other items detailed
in warranty.
“We understand that buying a used truck is a significant investment,”
said
Eugene Tangney
, Group Director of Asset Management for Ryder. “With
this new extended warranty, customers have the added confidence that
they are getting top quality vehicles they can depend on for the long
haul.”
To provide customers with this extended warranty, Ryder has partnered
with Premium 2000+, a leader in used truck warranties.
“As the largest used heavy duty truck point-of-sale independent warranty
provider in North America, Premium 2000+ brings extensive industry
expertise and a reliable network of repair partners that meet Ryder’s
high standards for quality and service,” said
Michael Cagney
, Director
of Asset Management,
Ryder Canada
. “Partnering with Premium 2000+
enables Ryder to provide this exceptional warranty to our customers in
order to protect their investments.”
Ryder Road ReadyTM used vehicles are single-owner vehicles
equipped with quality components and part configurations that have been
road-tested and performance-monitored within Ryder's fleet of more than
180,000 vehicles. The Ryder Road ReadyTM designation means
that the vehicle being purchased includes complete maintenance records
and meets or exceeds a list of 59 quality standards. In Canada, Ryder
Road ReadyTM vehicle purchases include a 30-day, power train
coverage. The new extended warranty offers customers the option to
extend coverage beyond the 30-day standard protection. Ryder Road ReadyTM
vehicles are available at 59 Ryder retail locations across North America.
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 three 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.