Whether it’s retail, food distribution, e-commerce, or logistics,
companies from every industry, large and small, are realizing the
benefits of natural gas vehicles according to Ryder
System, Inc. (NYSE: R), a leader in commercial
fleet management, dedicated
transportation, and supply
chain solutions. As fueling infrastructure expands and natural gas
vehicle technologies continue to evolve, a greater diversity of fleet
applications can now be supported by this alternative fuel.
TWEET THIS: Nat gas is good for businesses, regardless of size or
industry per @RyderPR
Among recent Ryder deals are DFS Group, Dot Transportation, Inc., Move
Loot, and TQ Logistics, all of which have deployed natural gas trucks
leased from Ryder into their fleets and the communities that they
operate. From an e-commerce start-up to one of the largest food industry
redistributors, these companies are stepping forward to gain
sustainability and economic benefits by using natural gas trucks to
deliver for their customers.
“Ryder continues to see broadening interest in natural gas vehicles from
businesses of various sizes and industries that see the longer-term
environmental and fuel efficiency benefits,” said Dennis Cooke, Ryder
President of Global Fleet Management Solutions. “When companies
outsource to Ryder, they get the value of our extensive experience
operating and maintaining natural gas fleets, so they can reduce risk,
maximize performance, and speed return on investment.”
DFS Group
DFS Group, a leading luxury travel retailer, will be taking delivery of
one Ryder CNG tractor this month. The natural gas vehicle will be used
to support DFS’ duty free stores located inside the Los Angeles
International Airport. “Bringing natural gas vehicles into our LAX
operation reinforces our commitment to reducing our carbon footprint
through smart, environmentally-sound transportation solutions,” said
Parker Gundersen, Vice President for DFS North America. For more
information visit https://www.dfsgroup.com/.
Dot Transportation, Inc.
Dot Transportation, Inc., a subsidiary of Dot Foods, Inc., the nation's
first and largest food industry redistributor, has leased one Ryder CNG
vehicle to support its day-to-day distribution operations in the
Northern California region. The vehicles are serviced out of Ryder’s
maintenance facility in Sacramento, Calif. which is engineered to meet
the unique compliance requirements for natural gas. “After evaluating a
number of different alternative fuels and strongly considering
compressed natural gas for the past few years, we decided to partner
with Ryder to place the first CNG truck in our fleet,” said Kevin Buss,
Director of Fleet Maintenance for Dot Transportation, Inc. “Not only is
it a cleaner fuel, but we also expect to see real fuel cost savings over
time.” For more information visit DriveForDot.com
or DotFoods.com.
Move Loot
Move Loot, a full-service marketplace for buying and selling home
furnishings, has signed eight Ryder CNG vehicles in California. The CNG
vehicles will support Move Loot’s operations in the Los Angeles and San
Francisco, Bay Area regions. “Our company's mission is to provide a more
sustainable and efficient way to comfortably and affordably furnish the
home, therefore a major component to that is providing in-house pickup
and delivery services for our customers,” said Bill Bobbitt, Move Loot
co-founder and CEO. “Ryder has been a strong partner in scaling our
operations since early 2014, and we're excited to further achieve our
mission by converting a portion of our fleet to natural gas. This new
project with Ryder reflects our commitment to making decisions based on
what is right for our customers and for our environment, and Ryder is
helping to make that possible.”
TQ Logistics
TQ Logistics, a dedicated trucking service provider with operations
based in 23 states, has leased three compressed natural gas vehicles to
support its dedicated transportation model in Milwaukee, WI. The
vehicles are scheduled to be delivered in October. With the signing of
TQ Logistics, Ryder now expands its NGV offering into Wisconsin for the
first time. The new CNG vehicles will be added to TQ Logistics’ current
fleet of Ryder leased diesel powered vehicles to support its customers’
sustainability initiatives. “Even with the drop in diesel fuel prices,
the stability of natural gas fuel costs, along with the environmental
benefits of natural gas vehicle technology, brings significant value to
our customer’s dedicated fleet operation,” said Jim Foulks, Vice
President of Sales & Marketing for TQ Logistics. “With Ryder’s help, our
team is committed to providing our customers with the best overall
delivery service while also helping them achieve the best transportation
value in the industry.” For more information visit www.tqlogistics.com.
With a Ryder Full
Service Lease, Ryder acquires vehicles according to the customers’
specifications and provides financing, maintenance, and fleet support
services. Ryder also manages vehicle disposal to protect customers from
residual risk.
Ryder is the leader in natural
gas vehicles solutions for the commercial transportation industry,
with 18 NGV maintenance facilities and more than 4,000 NGV trained
technicians. Ryder’s natural gas vehicle solution provides fleets with
everything from new vehicle configuration and specing, to advanced fuel
tank system support, to fueling infrastructure planning and routing, to
a vast NGV maintenance network and technicians to meet the needs of the
customers’ distribution operation. Ryder’s commitment to its customer’s
NGV uptime is also demonstrated by the company’s willingness to upgrade
its existing maintenance locations to be engineered to meet the unique
service requirements for advanced fueled vehicles. Ryder also provides
technician training across its entire North American technician
workforce to make sure that all personnel are up to date with the latest
advanced fuel technology applications.
In addition to making natural gas vehicles available for rent or lease,
Ryder’s exclusive “Flex-to-Green
Lease” solution is designed to encourage and ease the transition to
a greener fleet. Businesses interested in NGVs but that are not quite
ready, can easily opt for Ryder’s Flex-to-Green Lease. They start out
with a diesel-powered vehicle and then have the option to convert to an
NGV at any time following the first full year of the lease.
Flex-to-Green customers enjoy all the maintenance and service benefits
of a standard Ryder Full
Service Lease, which may include substitute vehicles during
unexpected downtime.
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 five
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
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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