Supplier of Specialized Building Products Continues to Rely on Ryder
for its Flexible Leasing Services and Extensive Network of Maintenance
Facilities
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, today announced the renewal of its partnership with
longtime customer Parksite,
a top supplier of specialized building products for the residential,
commercial, and remodeling markets. Parksite is a Ryder ChoiceLease
customer, having signed its first contract with Ryder in 1977. Under the
ChoiceLease Full Service agreement, Ryder acquires vehicles according to
Parksite’s specifications, provides maintenance and fleet support
services, and manages vehicle disposal. Ryder operates 64 power units
for the business, including tractor trailers and straight trucks.
“Ryder has been a great partner to us, responding to the changing needs
of our business, offering flexible vehicle specifications, and being
proactive with new technology and innovative equipment,” said Jim
Coulter, Director of Supply Chain, Parksite. “Ryder is also everywhere
we operate, providing us with a high level of convenience. With nine
distribution centers across the Eastern Seaboard, as well as Ohio,
Illinois, and North Dakota, we rely heavily on Ryder’s extensive network
of maintenance shops and fueling stations.”
Ryder also supports Parksite with rental vehicles when they need to flex
up in order to meet the seasonal demands of their business. Most
importantly, Mr. Coulter said, Ryder has supported Parksite with
long-term growth. The business started out small but was able to expand
over the years with the aid of Ryder’s deep fleet management expertise.
A recent example of this is Parksite’s business expansion into Fargo,
N.D., in 2015.
“Parksite is such a success story, and one that we are extremely proud
to be a part of,” said Dennis Cooke, President of Fleet Management
Solutions, Ryder. “Early on, they saw the value in outsourcing their
transportation needs to a third party provider, and more than four
decades later, they have grown into a thriving enterprise. By being a
transportation and maintenance solutions partner they can rely on, Ryder
helps make it possible for Parksite to fully focus on doing what they do
best.”
Parksite – 100 percent employee-owned – started out as a two man crew
working out of a chicken coop in 1971 and has since evolved into a
successful industry of over 400 employees. They set themselves apart
with their expertise in market development and have built brands and
developed solutions that have transformed the building industry.
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,
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and YouTube.
About Parksite
Founded in 1971 by John Morrisroe and Ray Biggins, Parksite is 100%
employee-owned. According to Ron Heitzman, CEO, “Our commitment has
been, and will always be, to create demonstrable value for our
customers, our suppliers and shareholders. Growth and sustainability are
important to all our stakeholders and we will deliver both.” Nationally,
Parksite has 10 locations and over 400 employee-owners. More information
about the company and its products is available at www.parksite.com.
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/20170327005079/en/
Source: Ryder System, Inc.