MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced that Postal Fleet Services, Inc. signed a Ryder ChoiceLease Full Service agreement for 20 compressed natural gas (CNG) heavy-duty vehicles supporting mail delivery operations in Orlando, Fla., Lafayette, La., Jackson, Miss., and La Vergne, Tenn.
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Postal Fleet Services has relied on Ryder for fleet leasing and maintenance solutions for more than 10 years. The 20 CNG fueled vehicles will now be added to the existing fleet of Ryder diesel-powered vehicles that already supports Postal Fleet Services’ mail distribution operations. The vehicles will be serviced by Ryder’s maintenance network of best-in-class natural gas trained technicians within Ryder’s maintenance facilities that meet the unique compliance requirements for servicing advanced fueled vehicles.
“With Ryder’s help, our team is committed to providing our customer with the best overall delivery service while also helping them achieve the best transportation value in the industry,” said Don Dorris, Owner of Postal Fleet Services. “Postal Fleet Services takes pride in being a mail delivery contractor where we have the ability to respond to our customer’s additional needs in minutes. We can now continue to perform above their expectations, while operating more cost-efficiently and environmentally-friendly. Ryder has been extremely responsive to our service needs, which makes us confident about our continued relationship as their help is critical to provide the logistics expertise, knowledge, and know-how needed to ensure that the fleet is operating at its best.”
“Ryder continues to see demand for natural gas vehicles from businesses that are looking through a longer term lens, and want to realize the environmental and fuel efficiency benefits,” said Ryder President of Global Fleet Management Solutions, Dennis Cooke. “When companies outsource to Ryder, they get the benefits of our extensive experience operating and maintaining natural gas fleets, so they can reduce risk, maximize performance, speed return on investment, and focus on driving what matters to them – managing their core business and servicing their customers.”
Ryder is the leader in natural gas vehicle (NGV) solutions for the commercial transportation industry, with more than 90 million miles of experience, 22 NGV maintenance facilities, and more than 5,500 NGV trained maintenance and support personnel. With the deployment of the NGVs in Postal Fleets Services’ fleet in Tennessee and Mississippi, Ryder has now expanded its NGV offering into 16 states and two Canadian provinces. Ryder has CNG and Liquefied natural gas (LNG) customers in Arizona, Arkansas, California, Florida, Georgia, Louisiana, Maryland, Michigan, Minnesota, New York, Pennsylvania, Texas, Utah, Wisconsin and in both Ontario and Quebec, Canada. Ryder also operates Liquefied to Compressed Natural Gas (LCNG) fuel stations at its Fontana and Orange, Calif., service locations where Ryder has partnered with Clean Energy Fuels to offer renewable natural gas, the cleanest fuel available today.
For more information about Ryder’s natural gas vehicle solutions visit http://www.ryder.com/en/solutions/alternative-fuels-solutions/natural-gas-solutions.aspx.
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, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, 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.
