MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, today announced that it has begun to offer
renewable diesel (RD) fuel, at its San Francisco, Calif. fueling
facility, located at 2700 3rd Street. With this
implementation, Ryder customers will be better able to address their
sustainability goals of reducing greenhouse gas emissions while still
utilizing diesel vehicles.
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Ryder tractor and trailer parked at a Ryder fuel island.
(Photo: Business Wire)
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makes it easier for customers to meet sustainability goals & reduce GHG
emissions by offering 100% RD in San Francisco.
“Our decision to use 100% RD is based upon our ongoing commitment to
ensuring we are delivering solutions that help our customers reduce
greenhouse gas emissions,” said Chris Nordh, Ryder Director for Global
Fuel Products. “This offering is the latest effort in helping to address
the unique needs of our customers and allows for them to take advantage
of the environmental benefits of a reliable renewable fuel source. Not
to be confused with biodiesel, RD goes through a hydrotreating process
instead of a transesterification process through which an ASTM D975
compliant diesel product is created. Therefore, offering a better
solution for fuel filters, elastomer seals and components, and storage
tanks.”
Based on production levels and availability of RD, Ryder will continue
to monitor other markets with plans for expanding this offering. The
Company also plans to continually analyze market opportunities that
would benefit its customers to have RD available for their fleets.
Either through Ryder’s fueling facilities or its new mobile
fueling solution that provides fuel deliveries directly into
vehicles parked on customer sites. This mobile service is now available
through Ryder both in the U.S. and Canada.
“Cities must work with the private sector to reduce carbon pollution by
transforming the energy we use to move people and goods. Renewable
diesel is an excellent transition fuel as we move toward our
zero-emission vehicle future powered by 100% renewable energy or
biofuels. San Francisco led the nation in 2015 by switching our entire
municipal fleet to renewable diesel, and we’ve been engaging private and
public sector fleets, including Ryder, on the benefits of renewable
diesel since,” said Debbie Raphael, Director of San Francisco’s
Department of the Environment. “By making the switch to renewable
diesel, Ryder’s leadership is expected to reduce greenhouse gas
emissions by approximately 1,028 metric tons per year using current fuel
volumes, improving air quality for everyone in the Bay Area.”
Ryder’s market leadership in operating advanced vehicle technologies in
commercial truck applications also includes the Company’s natural gas
vehicle (NGV) and maintenance solutions offering. Ryder currently has
more than 100 million miles of NGV operation, 22 NGV maintenance
facilities including two NGV fueling facilities in Orange and Fontana,
Calif., and more than 6,200 NGV trained maintenance and support
personnel across the Company’s North American service network.
Ryder is continually monitoring emerging fleet technologies and works
closely with the technology providers and equipment manufacturers
building innovative features to provide feedback around functionality,
usability, and adaptability. The Company has an established North
American maintenance and fueling network with approximately 800
maintenance facilities including 440 diesel fueling stations. Ryder
purchases over 275 million gallons of diesel fuel each year and provides
other fuel services such as mobile fueling, fuel planning, fuel tax
reporting, centralized billing, fuel cards, and fuel monitoring.
For more information about Ryder’s fuel services, visit http://www.ryder.com/solutions/fleet-leasing/fuel-services.
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,
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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.