Company Now Offers Natural Gas Vehicle Solutions in 11 North American
Markets
TWEET THIS: @RyderPR adds Arkansas to its #NGV network with customers
Alpha Packaging and Boyd Metals Transportation. #Smallerfootprint
MIAMI--(BUSINESS WIRE)--
Ryder
System, Inc. (NYSE: R), a leader in commercial
fleet management, dedicated
transportation, and supply
chain solutions, announced today that it has expanded its natural
gas vehicle (NGV) offering into Arkansas for the first time with two
customers; Alpha Packaging, Inc. and Boyd Metals Transportation LLC. The
CNG vehicles for both Alpha Packaging and Boyd Metals Transportation
will be maintained by Ryder at its Fort Smith, Ark. service facility,
which is being engineered to meet the unique compliance requirements for
natural gas.
Ryder has begun to deploy natural gas vehicles into the fleets of Ryder
customers in Arizona, California, Georgia, Louisiana, Maryland,
Michigan, New York, Texas, Utah, and Quebec, Canada. Alpha Packaging and
Boyd Metals Transportation are both current Ryder full
service lease customers. Through a full service lease, Ryder
acquires vehicles according to the customer’s specifications and
provides financing, maintenance, and fleet support services. It also
manages vehicle disposal to protect customers from residual risk.
“We continue to see interest from businesses focused on the long-term
economic and environmental benefits of natural gas,” said Ryder
President of Global Fleet Management Solutions, Dennis Cooke. “Forward
thinking customers like Alpha Packaging and Boyd Metals Transportation
have already begun realizing the value of outsourcing their fleets from
Ryder for over 20 years. As they look to utilize new vehicle
technologies like natural gas, we are proud that they continue to trust
Ryder to help them improve uptime and reliability, and drive greater
efficiencies in their businesses.”
Alpha
Packaging, Inc. has signed a full service lease agreement for seven
compressed natural gas (CNG) tractors. The CNG vehicles will replace
current Ryder leased diesel powered vehicles to support Alpha
Packaging’s sustainability initiatives. Alpha Packaging, the largest
independently owned corrugated box manufacturing company in Arkansas,
will use the CNG vehicles to support its deliveries to all areas within
300 miles of its Greenwood, Ark. manufacturing facility. Alpha’s new
Ryder CNG fleet is ergonomically friendly for the drivers and the new 12
liter engines will have the power to handle the Arkansas terrain.
“Even with the recent drop in diesel fuel prices, the stability of
natural gas fuel costs, along with the environmental benefits of natural
gas vehicle technology, bring significant value to our fleet operation,”
said Alpha Packaging President, Mike Stec. “Leasing natural gas trucks
from Ryder helps us with our long-term transportation needs and aligns
with our efforts to be a responsible, sustainable company.”
To support the new CNG fleet, Alpha Packaging is building an on-site
natural gas fuel station at its location. This on-site CNG fuel station
will allow its drivers to conveniently fill the trucks overnight in
order to gain full-range tank capacity and improve productivity during
the day when they need to make deliveries.
Boyd Metals Transportation LLC has also signed a full service lease
agreement for seven CNG tractors. The CNG vehicles will replace current
Ryder leased diesel powered vehicles in Boyd Metals Transportation’s
delivery fleet. The new CNG delivery fleet will be used to deliver Boyd
Metals’ extensive inventory of carbon steel, stainless steel,
aluminum, and fiberglass products in a wide range of shapes and sizes
from the company’s Fort Smith, Ark. warehouse.
“We knew we could count on Ryder to help us successfully deploy these
advanced fuel vehicles into our fleet,” said Boyd Metals Transportation
General Manager, Michael Cooper. “With Ryder’s help, our team is
committed to providing Boyd Metals customers with the best overall
delivery service while also helping Boyd Metals achieve the best
transportation value in the industry. We may even consider expanding our
fleet with Ryder if this new advanced fuel vehicle solution meets the
company’s expectations.”
Ryder is the leader in natural gas vehicles solutions for the commercial
transportation industry, with more than 30 million miles of experience,
17 NGV maintenance facilities, and more than 2,200 NGV trained
technicians. The Company operates Liquefied to Compressed Natural Gas
(LCNG) fuel stations at its Fontana and Orange, Calif., service
locations.
Ryder is able to leverage its buying power, knowledge of emerging fleet
technologies, as well as government rebates and tax incentive programs,
to help reduce natural gas vehicle costs for customers and offer more
competitive lease and rental rates. Ryder actively monitors public and
private incentive programs throughout the U.S. and Canada to leverage
those areas that offer incentives.
In addition to making Natural gas vehicles available for rent or lease,
Ryder’s “Flex-to-Green Lease” solution is designed to ease the
transition to a greener fleet. Businesses that opt for Ryder’s
Flex-to-Green Lease start out with a diesel-powered vehicle and then
have the option to convert to a NGV at any time following the first full
year of the lease. Flex-to-Green customers enjoy all the maintenance and
service benefits of a standard Ryder Full Service Lease, which may
include substitute vehicles during unexpected downtime.
For more information about Ryder’s natural gas vehicle solutions visit http://www.ryder.com/en/solutions/alternative-fuels-solutions/natural-gas-solutions.aspx.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, 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. The Company has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. 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,
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and YouTube.
Access Ryder’s Corporate Sustainability Report here.
About Alpha Packaging, Inc.
Alpha Packaging, Inc. is Arkansas' largest and best equipped
independently owned box manufacturer. Alpha’s state-of-the-art machinery
is capable of creating virtually any style container, including triple
wall and plastic corrugated. The company’s full line foam manufacturing
division and creative design facilities give customers the best solution
with the most appropriate and cost effective product selection. The
company also offers a full line of packaging equipment, safety supplies,
janitorial and sanitation supplies. Alpha Packaging, Inc.’s mission
statement and quality policy focus is on world-class employees,
products, and vendors to support our world-class customers. Alpha
Packaging, Inc. strives with every product that its makes to enhance,
develop, and improve its business, resulting in superior customer
satisfaction.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150521005193/en/
Source: Ryder System, Inc.