News Details

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it is making it easier than ever for customers to find a pre-owned commercial vehicle to meet their needs and fit their budget. With the three new pre-owned vehicle categories; Ryder Certified^TM, Ryder Verified^TM, and Ryder Reclassified^TM, customers can now choose from a range of over 5,000 commercial vehicles—from the highest-quality vehicle to even “As-is” options.

TWEET THIS: @RyderPR offers three new classes of pre-owned vehicles to fit customer’s needs and budget. www.usedtrucks.ryder.com.

Ryder Certified^TM allows customers to choose from the highest-quality pre-owned vehicles that have been maintained solely by Ryder. The benefits of this class of pre-owned vehicles include:

• 30-day limited powertrain warranty
• Only one prior owner, Ryder
• Full maintenance history
• Rigorous 140-point inspection
• Department of Transportation (DOT) compliant
• Extended warranty options
• Flexible financing

Ryder Verified^TM enables customers to build their fleet with a road-ready, fully DOT compliant vehicle at a cost that works for them. The benefits of a Ryder Verified^TM pre-owned vehicle include:

• Thoroughly inspected
• DOT compliant
• Extended warranty options
• Flexible financing

Ryder Reclassified^TM offers “As-is,” damaged, and scrap vehicles for customers interested in a fixer-upper option where customers have the flexibility to modify the Ryder Reclassified^TM vehicle to fit their specific business needs, or utilize the parts.

“Ryder is committed to offering the greatest selection of pre-owned commercial vehicles for sale at prices that make sense for our customers,” said Eugene Tangney, Ryder Vice President and Global Product Manager for Asset Management. “By categorizing our large inventory into three classes of value, customers can now clearly identify a vehicle that will serve their needs as well as meet their budgetary concerns.”

Ryder has the largest inventory of pre-owned vehicles for sale in North America, selling more than 17,000 vehicles a year from over 59 used truck centers across North America, including six in Canada. In addition, Ryder’s international sales/export team helps customers in locations from Africa, Asia, Europe, and the Caribbean, to Central and South America, get the vehicles they need to keep their businesses in high gear. Ryder’s pre-owned vehicle inventory includes commercial and heavy-duty trucks consisting of tractors, trailers, straight trucks, panel and cube vans, refrigerated trucks, and stake trucks. Vehicles that are Ryder Certified^TM have been owned and maintained by solely Ryder for its entire operating life and come with a 30-day warranty and complete vehicle maintenance history report.

For more information visit the Ryder pre-owned vehicle website or contact your local Ryder Used Truck Center at 1-800-USED-TRK.

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. Ryder 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. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom, Facebook, LinkedIn, Twitter, and YouTube.

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.