Continues to be The Leader in Natural Gas Vehicle Solutions for the
Commercial Transportation Industry
MIAMI--(BUSINESS WIRE)--
Ryder
System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, today announced its fleet of natural
gas vehicles (NGVs) has surpassed 100 million miles of operations,
making it the first commercial fleet outsourcing provider to reach this
significant milestone. Through this achievement, Ryder has gained
substantial insight into the NGV industry and how to optimize this
solution for customers looking to reduce costs and emissions.
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Ryder compressed natural gas vehicle. (Photo: Business Wire)
TWEET THIS: @RyderSystemInc
becomes first commercial fleet provider to reach milestone of surpassing
100 million #naturalgas miles. #NGV
“This latest milestone reinforces Ryder’s ongoing commitment to assist
companies, across multiple industries reduce fuel costs, lower carbon
output, and meet their environmental objectives,” said Robert Sanchez,
Ryder Chairman and Chief Executive Officer. “Ryder plays an important
role in advancing the environmental sustainability of commercial
transportation and logistics. When companies outsource their
transportation and logistics operations to us, they not only get cost
efficiency, but also the benefits of our environmental expertise,
infrastructure, maintenance, and industry-leading partnerships.”
With expertly trained technicians and an extensive knowledge of natural
gas and the rapidly evolving advanced fuels maintenance network, Ryder
is a proven leader in this space. In addition, Ryder closely tracks
emerging fleet technologies, incentive programs, and government rebates
to deliver competitive lease and rental rates for customers interested
in NGV solutions.
By reducing emissions and fuel consumption, Ryder has the ability to
positively impact consumers, the economy, and society. This innovative
approach to fulfill its responsibility to the environment and the
communities where its employees live and work has changed the way that
Ryder, and many of its customers, do business.
Beverage Container Recycler, UBCR, Renews Natural Gas Vehicle Lease
with Ryder
Beverage Container Recycler, UBCR, LLC also announced today that they
would be renewing their natural gas vehicle lease with Ryder for its
entire truck fleet, becoming the first Ryder customer to transition from
first generation NGVs to the latest available technology.
Michigan-based beverage container recycling company UBCR, LLC has
operated its Ryder NGV fleet for more than 7 million miles since 2011.
As an early adopter of Ryder’s NGV solution, UBCR has reduced its
greenhouse gas emissions by approximately 2,704 MTCO2e (metric tons of
carbon dioxide equivalent) and replaced more than one million gallons of
diesel fuel with lower-emission, domestically produced natural gas.
Sixteen compressed natural gas vehicles, designed with the latest
modifications and technological advances, will replace UBCR’s entire
truck fleet.
“As a leading recycling company, this important carbon reduction
initiative complemented our long-standing growth strategy which is
grounded in sustainability. Ryder’s advanced energy portfolio,
expertise, and infrastructure in the market were key factors driving our
decision to select them as our fleet partner five years ago, and it
remains so to this present day as we continue to enjoy all the benefits
of operating NGVs,” said Nick Kronsbein, General Manager for UBCR.
“Ryder made it easier for us to jumpstart our sustainable transportation
program and convert our entire UBCR fleet to abundant, clean, and
efficient natural gas. In the process, UBCR has gleaned financial
benefits, including gaining more control over our costs and budgets by
investing in a predictable and stable fuel source, while also
contributing to the wellbeing of our environment.”
Ryder NGV Milestones 2011 - Present
-
2011 – Ryder partnered with the San Bernardino Associated
Governments (SANBAG) to implement the nation’s most groundbreaking and
innovative heavy-duty natural gas truck projects to date –
purchasing and deploying more than 200 heavy-duty natural gas powered
trucks. Today the Company has achieved 100 million miles with its NGV
fleet operations, eliminating more than 35,269 MTCO2e of greenhouse
gas emissions. Ryder has also replaced approximately 15.4 million
gallons of diesel fuel with lower emission domestically produced
natural gas.
-
2013 - Ryder’s sustainability efforts expanded in 2013 when the
Company opened its 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, and Fontana, CA. Ryder also partnered with Clean
Energy Fuels to switch the fuel at its stations in California to Clean
Energy’s Redeem™ renewable natural gas (RNG), the cleanest fuel
available today. By making the switch to RNG, Ryder is expected to
reduce greenhouse gas emissions by approximately 6,300 metric tons per
year using current fuel volumes. This would be the equivalent of
removing approximately 1,319 passenger cars from the road annually.
-
2015 - Ryder announced one of the largest investments in its
advanced energy portfolio: the launch of a new online NGV maintenance
training program for its entire North American maintenance network.
The program provides the Company’s entire technician workforce with
knowledge of a wide array of NGV platforms and configurations in order
to better serve customers who commit to converting all of or part of
their fleets to natural gas. Ryder currently has 22 NGV maintenance
facilities with more than 5,500 NGV trained maintenance and support
personnel.
“Ryder is making proactive investments to ensure our maintenance
employees are knowledgeable and skilled in the safe operation and
maintenance of NGVs,” said Scott Perry, Ryder Vice President of Supply
Management and Global Fuel Products. “Well-maintained vehicles of any
kind are better for the environment, with reduced emissions and improved
fuel consumption. Traditional shops must go through a modification
process to meet stringent industry and government safety standards for
NGV maintenance and technicians must receive extensive, specialized
training. Ryder is now in a position to train any existing, or new,
technicians on the latest NGV technologies, further demonstrating our
commitment to develop the best-in-class technician workforce.”
Ryder’s NGV fleet consists of compressed and liquefied NGVs serving
customers in Arizona, Arkansas, California, Florida, Georgia, Louisiana,
Maryland, Michigan, Minnesota, Mississippi, New York, Pennsylvania,
Tennessee, Texas, Utah, Wisconsin and in both Ontario and Quebec, Canada.
For more information about Ryder’s NGV 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 eight
years in a row. Ryder was also recognized by the U.S. Environmental
Protection Agency (EPA) with a 2014 SmartWay Affiliate Challenge award
and SmartWay Excellence Awards in 2014 and 2013. 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 our Online
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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.
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Source: Ryder System, Inc.