Public/Private Fueling Stations Will Service Ryder’s Fleet of Natural
Gas Vehicles Available for Rent and Lease to Commercial Customers, as
Well as Passenger Vehicles
MIAMI--(BUSINESS WIRE)--
Ryder
System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, announced today that it has opened
the first natural gas fueling stations in its North American network to
serve both the general public and Ryder lease and rental customers. The
Liquefied to Compressed Natural Gas (LCNG) stations are located at two
of Ryder’s maintenance and fueling facilities in Orange, California and
Fontana, California – two key facilities serving the Southern California
region. The two facilities are part of a larger project which will
displace more than 1.5 million gallons of diesel annually with 100
percent domestically produced low-carbon natural gas.
Ryder liquefied natural gas fuel station in Orange, CA. (Photo: Business Wire)
“The completion of these two LCNG fueling stations is a critical
milestone demonstrating Ryder’s commitment to the deployment of
alternative fuel vehicles,” stated
Robert Sanchez
, Chairman and Chief
Executive Officer for Ryder. “As a provider of full service lease,
commercial rental fleet, and third party logistics services, our
business model puts us in a unique position to enable more fleets to
convert to natural gas and realize the benefits of this cost-effective,
clean, and domestic energy source. We are proud to make this investment
in fueling infrastructure, which will further support the wider adoption
of natural gas vehicles for commercial transportation.”
Each Ryder fueling location has three pumps – two Compressed Natural Gas
(CNG) and one Liquefied Natural Gas (LNG). Ryder’s contractual customers
will be able to access the LNG and CNG pump areas of Ryder’s facilities
specifically configured for large commercial vehicles. Passenger
vehicles and light duty trucks will also be able to access CNG pumps in
a separate area easily accessible to the general public.
Stations built to LCNG specifications are considered the “gold standard”
in natural gas fueling. LCNG stations rely on LNG delivered via tanker
trailers. As a cryogenic liquid, and due to the extremely cold
temperatures of liquefied natural gas, LNG is stored on-site in
specially insulated cryogenic tanks. The liquid is then either dispensed
as an on-highway fuel for LNG vehicles, or warmed, vaporized, and
compressed for fueling of CNG vehicles. Not only does this process
produce the cleanest CNG fuel, it also keeps the fuel colder and
therefore results in a better fill and faster dispensing – both crucial
for efficient fueling and operation of commercial fleet applications.
The opening of these stations, located at 1440 N. Main Street, Orange,
CA 92867 and at 10641 Almond Ave., Fontana, CA 92337, is the culmination
of a commitment under the Ryder/SANBAG Natural Gas Vehicle project, a
$38.7 million project funded as part of a joint public/private industry
partnership between the San Bernardino Associated Governments (SANBAG),
the Southern California Association of Governments (SCAG), the U.S.
Department of Energy, the California Energy Commission, and Ryder. The
Mobile Source Air Pollution Reduction Review Committee (MSRC) also
provided $350,000 toward the new fueling stations in the form of grants.
In addition to the fuel stations, the Ryder/SANBAG project included
upgrades to three Ryder maintenance facilities – in Rancho Dominguez,
Orange, and Fontana – as well as the deployment of 202 heavy-duty
natural gas vehicles in the region.
Ryder has deployed more than 300 Compressed Natural Gas (CNG) and
Liquefied Natural Gas (LNG) vehicles into the fleets of more than 40
Ryder customers in California, Michigan, Arizona, and Louisiana. For
more information about how Ryder innovates for the environment, read our Corporate
Sustainability Report.
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. Ryder has been ranked three years in a row as one of
the top 250 U.S. companies in the 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 recipient of the 2011 NGV Achievement Award and has been recognized by
the Carbon Disclosure Project (CDP) in the Carbon Disclosure Leadership
Index. A member of the American Red Cross Disaster Responder Program,
Ryder is proud to support national and local disaster preparedness and
response efforts. For more information, visit www.ryder.com
and follow us on Facebook,
YouTube,
and Twitter.
About SANBAG
SANBAG is the council of governments and transportation planning agency
for San Bernardino County. SANBAG is responsible for cooperative
regional planning and furthering an efficient multi-modal transportation
system countywide. SANBAG serves the two million residents of San
Bernardino County. SANBAG supports freeway construction projects,
regional and local road improvements, commuter rail and bus transit,
freeway service patrol, ridesharing and congestion management efforts.
SANBAG administers Measure I, the half-cent transportation sales tax
approved by county voters in 1989 and again in 2004. For more
information on SANBAG, visit www.sanbag.ca.gov.
About SCAG
The Southern California Association of Governments (SCAG) is the
nation's largest metropolitan planning organization, representing six
counties, 190 cities and more than 19 million residents. SCAG undertakes
a variety of planning and policy initiatives to encourage a more
sustainable Southern California now and in the future. For more
information about SCAG projects, plans, services and initiatives, visit www.scag.ca.gov.
About MSRC
The Mobile Source Air Pollution Reduction Review Committee (MSRC) was
formed in 1990 when Assembly Bill AB 2766 was signed into law
authorizing a $4 motor vehicle registration fee. Thirty percent of the
$4 fee or approximately $12 million annually is used for programs
administered by the MSRC. All of the programs eligible for funding must
reduce air pollution from mobile sources. Membership of the MSRC is made
up of representatives from the transportation agencies of Riverside, Los
Angeles, San Bernardino and Orange County, as well as the Southern
California Association of Governments, Southern California Rideshare,
California Air Resources Board and the South Coast Air Quality
Management District. For more information about MSRC, visit www.cleantransportationfunding.org/.
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.
Acknowledgment: This material is based upon work supported by the
Department of Energy under Award Number DE-EE0002173.
Disclaimer: This was prepared as an account of work sponsored by an
agency of the United States Government. Neither the United States
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LEGAL NOTICE: This document was prepared as a result of work sponsored
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Source: Ryder System, Inc.