MIAMI--(BUSINESS WIRE)--
Ryder
System, Inc. (NYSE: R), a leader in commercial
fleet management and supply
chain solutions, today announced that Mansfield has taken delivery
of 12 compressed
natural gas (CNG) vehicles that will be used for bulk fuel hauling
from fuel terminals to the company’s customers in and around the
metro-Atlanta, Ga. area. Mansfield,
a proven leader in the transportation fuels sector for over 57 years,
elected to lease the CNG vehicles from Ryder because of the potential
fuel cost savings and environmental benefits of transitioning from
diesel to CNG. Ryder will provide maintenance to the natural gas fleet
from its facility in Atlanta, Ga.
One of the 12 Ryder compressed natural gas vehicles that Mansfield has added to its bulk fuel hauling fleet. (Photo: Business Wire)
“We chose to lease our CNG vehicles from Ryder because the compelling
value proposition resulted in better savings than if we chose to
purchase the vehicles directly,” said Michael Mansfield, CEO of
Mansfield. “The selection process was a very easy one. Ryder’s Full
Service Lease solution, which includes extensive experience in natural
gas vehicle maintenance, allowed us to mitigate many concerns that are
common among fleets transitioning from diesel to this advanced fuel
technology. We also wanted a partner that would scale with this effort
into many more markets across the country as we work with our 900+
common carriers on adopting natural gas for their fleets. Ryder is
uniquely qualified to meet that need.”
Bulk fuel hauling return-to-base operations, like Mansfield’s, are an
application ideally suited for natural gas vehicles. The high annual
mileage delivery routes will speed Mansfield’s return on investment on a
natural gas vehicle based on natural gas fuel cost savings as compared
to diesel. Ryder also worked with Mansfield to develop a customized
truck specification that was weight-sensitive to maximize freight
revenue while assuring durability and operability in the field.
Ryder recently announced a strategic alliance with Mansfield Clean
Energy Partners, a joint venture founded by Mansfield Energy Corp.,
Clean Energy Fuels (NASDAQ: CLNE), to bring natural gas vehicles and
fueling to bulk fuel haulers. The trucks will be fueled at a CNG station
built by Mansfield Clean Energy Partners, located in a fuel terminal
complex in Doraville, Ga., just north of Atlanta. The companies have
also worked collaboratively with tractor and engine manufacturers to
develop an optimized CNG vehicle design specifically for bulk fuel
hauling applications.
“Ryder is proud to be working with Mansfield to bring the environmental
and cost saving benefits of natural gas to a critical sector of the
transportation industry,” said Dennis Cooke, President, Global Fleet
Management Solutions for Ryder. “We are committed to leveraging our
experience and expertise to help further the adoption of this clean,
efficient, abundant, and domestic advanced fuel.”
With more than 27 million miles of experience, 14 natural gas vehicle
maintenance facilities, and 260 natural gas vehicle trained technicians,
Ryder is the industry-leader in natural
gas vehicle solutions for the commercial transportation market.
The oil
& gas industry relies on Ryder to take costs and risks out of
transportation and logistics, enabling customers to maximize uptime,
keep supplies and goods moving, and bring costs down. This is all
supported by a proven health and safety culture. Ryder turns a
complicated supply chain into a company’s strategic competitive edge,
from the oilfield to the marketplace.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management and supply chain
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 included Ryder in its “Green Partners”
listing for five years in a row. 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. 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 Mansfield
Ranked as one of the Top 50 privately held companies in America by
Forbes magazine and a multiple category finalist in the 2009, 2010 and
2011 Platts Global Energy Awards, Mansfield defines the next generation
transportation fuels company. Founded in 1957, the company has achieved
double-digit growth for three decades by focusing on optimizing and
controlling fuel-related costs for its customers using innovation,
technology and high touch service. Mansfield’s corporate headquarters is
located in Gainesville, GA, with regional operations centers located in
Mark Illinois, Detroit, Denver, Loma Linda California, Dallas, Houston,
Minneapolis, Calgary and renewable energy operations in Bloomington, MN.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20141203005081/en/
Source: Ryder System, Inc.