- The Comprehensive Ryder ELD Platform Delivers Simplicity,
Flexibility, and Convenience for Short- and Long-Term Rental Customers
to Comply with the Upcoming ELD Mandate -
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, today announced its highly anticipated Ryder
Electronic Logging Device (ELD) platform that will provide a simple yet
comprehensive solution to make it easier for commercial rental
customers in North America to record their hours of service (HOS)
electronically to comply with the December 18, 2017 ELD
Mandate.
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The Ryder ELD platform allows customers to either use Ryder's solution, their own portable ELD equipment, or a cellular data connected Android- or iOS-based smartphone or tablet device. (Photo: Business Wire)
With the launch of this new ELD platform, Ryder rental customers gain
additional flexibility, choice, and control in fleet management with
benefits that include:
-
Allowing customers to either use Ryder’s solution or their own
portable ELD equipment
-
Enabling use of a cellular data connected Android- or iOS-based
smartphone or tablet
-
Providing access to a fleet management portal for driver and support
personnel profile creation
-
Tracking the vehicle’s location, routing activity, and idle time
-
Creating “geofences” and alerts for fleet activity notifications
“When you partner with Ryder to meet your unique commercial rental
needs, whether it’s for short-term or long-term rentals, our focus is
the same as yours – compliance through simplicity, flexibility, control,
and the best customer experience in the industry,” said Rich Mohr,
Rental Operations Vice President and Global Product Manager, Ryder.
“Whether your business needs to rent a truck for five days or five
months, Ryder’s new ELD platform offers your drivers a simple one-stop
shop for compliance with the ELD Mandate.”
The technology behind this platform was developed in partnership with Geotab,
a provider of telematics and fleet compliance management tools for
monitoring and recording HOS. In order to capture records of duty status
(RODS) via the Ryder ELD platform, drivers will simply need to download
and log into the Geotab Drive app on a cellular data-connected mobile
device. Additionally, all current Ryder rental customers are pre-registered
in the Company’s system; therefore, minimal time is required for set up
on the Ryder ELD platform. This solution provides great flexibility as
customers have the option to use Ryder’s ELD solution or their own
portable ELD equipment.
With this new breakthrough solution to the ELD Mandate’s requirements
for commercial vehicles, Ryder is enhancing its customers’ experience
renting vehicles for their business needs while reducing overall costs.
Ryder will notify its customers once the enrollment period has begun as
well as provide details around logging into the new ELD platform during
the fourth quarter of 2017.
In addition to the Ryder ELD platform, Ryder in conjunction with the
Truck Rental and Leasing Association (TRALA) has and will continue to
work with the government on behalf of our customers in order to mitigate
challenges presented by the ELD mandate. The Company is pleased that
FMCSA has granted an 8-day exemption to allow paper logs for instances
of a vehicle breakdown, seasonal demand, and expansion needs. Ryder will
continue to work with government officials and industry partners to
further mitigate expected challenges for our customers presented by the
ELD Mandate. More information on complying with the ELD Mandate and how
it’s intended to promote efficiency and help create a safer work
environment for drivers can be found in Ryder’s online
ELD Mandate Resource Guide where the most commonly asked questions
regarding the ELD Mandate are answered, including:
-
How do I comply with the mandate?
-
What is the 8-day exemption?
-
How does the delayed ELD Mandate impact me?
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And what are the features and benefits of Ryder’s ELD solution?
As the December 18th compliance date approaches, Ryder plans
to keep its customers up-to-date on any new updates to the ELD Mandate
and enforcement expectations.
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
S&P MidCap 400® 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 and social media pages: Facebook,
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Instagram,
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.