Ryder executives
Scott Perry
and
Chris Nordh
to speak on panel
addressing natural gas deployment in commercial fleets
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, announced that it is a platinum
sponsor of the 2013 Alternative Clean Transportation (ACT) Expo, North
America’s largest alternative fuel and clean vehicle technology
conference and expo. In addition, two of the company’s executives,
Scott
Perry
, Vice President of Supply Management for Ryder, and
Chris Nordh
,
Senior Manager Alternative Fuels & Finance for Ryder, will be speaking
on a panel at the event. The panel, titled “Fleet Perspective: Critical
Issues for the Road Ahead,” will take place on June 27 at 8 a.m. at the
Walter E. Washington Convention Center in Washington, DC. The panel will
explore the rationale, lifecycle costs and other considerations that go
into the investment decisions being made by top fleets. It will also
explore the economic influences shaping the market and help define the
essential elements of a business case required for investment and growth
in the advanced transportation technology arena.
Mr. Perry will discuss how fleets can evaluate the total cost of
ownership for heavy-duty natural gas vehicles. Mr. Nordh will discuss
how to facilitate the deployment of alternative fuel vehicle fleets by
leveraging outsourced transportation solutions such as rental and
leasing.
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 recently opened two natural gas refueling stations
in Fontana and Orange, CA. Additionally, Ryder has equipped three
maintenance facilities for the indoor servicing of natural gas vehicles
in Fontana, Orange, and Rancho Dominguez. The $38.7 million project was
funded as part of a joint public/private industry partnership between
the U.S. Department of Energy, the California Energy Commission, and
Ryder. Ryder has deployed more than 300 Compressed Natural Gas (CNG) and
Liquefied Natural Gas (LNG) vehicles with 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 or visit www.ryder.com/alternativefuels.
Now in its third year, ACT Expo is unrivaled in its ability to provide
strong educational content, hands-on access to new technologies, and
valuable networking opportunities to progressive transportation
professionals. Program topics for the agenda will include: end-user case
studies from leading fleets; fueling supply and infrastructure
solutions; emission reduction strategies and technologies; alternative
fuel training and technical tours; a packed Expo Hall with hands-on
technology displays; and a “Ride & Drive” event with light- to
heavy-duty vehicles.
The 2013 ACT Expo will be held June 24-27. For more information on the
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.