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Ryder Offers Free Test Drive for Natural Gas Trucks

- Free 3-Day Natural Gas Truck Rental Available in Sacramento, California -

Wednesday, July 11, 2012 10:01 am EDT

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MIAMI
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Public Company Information:

NYSE:
R
US7835491082
"The Ryder Ride & Drive event was very informative"

MIAMI--(BUSINESS WIRE)--In a continued effort to promote the benefits of natural gas vehicles for commercial fleets, Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, is offering businesses an opportunity to test drive alternative fuel trucks for free. Local businesses in Sacramento that are interested in test driving natural gas vehicles can sign up for a free, three-day rental. Three different configurations of compressed natural gas (CNG) vehicles are available to test drive – a Freightliner Tandem Axle Tractor, a Freightliner Single Axle Tractor, and a GreenKraft Light Duty Straight Truck. The free three-day rental is valid in Sacramento until July 27, 2012. Interested fleets can contact Ryder’s West Sacramento truck rental team at (916) 372-7500 to take advantage of this limited-time offer.

At a recent “Ride & Drive” event hosted at the company’s West Sacramento, California location on June 21, local businesses were able to test drive Ryder natural gas vehicles on site and sign up for the free three-day rental.

“There is great interest in natural gas vehicles among commercial fleets, but some businesses are hesitant to adopt the technology because they are unsure how the vehicles will perform in their operations,” said John Gleason, Senior Vice President, Sales & Marketing for Ryder Fleet Management Solutions. “The Ride & Drive event and free rental offer is another way we are helping businesses experience these vehicles first-hand in a real world environment.”

David Hodge, Operations Manager for Airwolf Express Courier Service, a Ryder lease customer based in Rocklin, California, attended the Ride & Drive event and test drove two natural gas vehicles.

“The Ryder Ride & Drive event was very informative,” he said. “We do feel the industry is steadily moving toward a natural gas solution, not only due to the environmental aspect, but also because of the added benefit that it is cheaper than diesel. The natural gas vehicles we test drove were fantastic rides and seemed to have plenty of power. A cleaner and cheaper fuel, provided from a domestic source, is what we like to call a win/win. We look forward to exploring this option further in our business soon.”

As a leader in outsourced fleet management solutions, Ryder is in a unique position to help businesses realize the cost-saving and environmental benefits of natural gas without the risk of ownership. In addition to making natural gas vehicles available for rent or lease, Ryder’s “Flex-to-Green Lease” solution is designed to ease the transition to a greener fleet. Businesses that opt for Ryder’s Flex-to-Green Lease start out with a diesel-powered vehicle today and then have the option to convert to a natural gas vehicle after one year. Flex-to-Green customers enjoy all the maintenance and service benefits of a standard Ryder Full Service Lease with the flexible option to convert the lease to a green vehicle.

Ryder became the first outsourced fleet provider to offer heavy duty natural gas vehicles for the leasing and rental industry through a groundbreaking natural gas vehicle project with the San Bernardino Associated Governments (SANBAG) in Southern California. Ryder’s partnership with SANBAG and the Southern California Association of Governments (SCAG) Clean Cities Coalition includes the deployment of 202 heavy duty natural gas-powered vehicles, made available to customers for rent or lease or through Ryder’s dedicated logistics services. As part of the project, Ryder is building two natural gas refueling stations and has equipped three maintenance facilities for the indoor servicing of natural gas vehicles in Fontana, Orange, and Rancho Dominguez, Calif. The $38.7 million project is being funded as part of a joint public/private industry partnership between the U.S. Department of Energy, the California Energy Commission, and Ryder.

Ryder’s natural gas fleet includes both compressed and liquid natural gas vehicles that are currently deployed in customer operations in California, Arizona and Michigan. For more information visit www.ryder.com/alternativefuels.

About Ryder

Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and green supply chain partner. Ryder has also been ranked two years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, and Twitter.

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.

Contact:

Ryder System, Inc.
Cindy Haas, 305-500-4526
Cindy_Haas@Ryder.com
or
Marilu Del Toro, 305-500-3161
Marilu_Deltoro@Ryder.com

 
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