Ryder Hosts Natural Gas Truck Test Drive Events - Businesses in Southern California Get First Hand Look at Heavy Duty and Medium Duty Natural Gas Vehicles - Business Wire MIAMI -- November 13, 2012 Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, recently hosted several open house events in Southern California to promote the benefits of natural gas vehicles for commercial fleets. At the events, held at Ryder facilities on October 30 in Orange, Calif. and November 1 in Rancho Dominguez, Calif., customers and other local businesses had the opportunity to meet with Ryder alternative fuel vehicle specialists and test drive both heavy duty and medium duty natural gas vehicles. Three different configurations of compressed natural gas (CNG) vehicles were available to test drive – a Peterbilt Tandem Axle Tractor, a Freightliner Single Axle Tractor, and a GreenKraft Light Duty Straight Truck. Businesses that were unable to attend the open house events can make follow up appointments to test drive the vehicles during the month of November by calling 1-800-793-3765. “The great turnout at these events demonstrates the continued and growing interest in natural gas vehicle technologies for commercial fleets,” said Scott Perry, Vice President, Supply Management, Fleet Management Solutions, for Ryder. “As a leading fleet management solutions provider, 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 fueling 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 liquefied natural gas vehicles that are currently deployed in customer operations in California, Arizona, and Michigan. For additional information about Ryder’s natural gas vehicle program, call 1-800-793-3765 or visit www.ryder.com/alternativefuels. To learn how Ryder makes commerce flow more efficiently and sustainably for everyone, download the Company’s latest Corporate Sustainability Report at http://www.ryder.com/aboutus_home.shtml. 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 included Ryder in its 2011 and 2010 “Green Partners” listing. 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
Ryder Hosts Natural Gas Truck Test Drive Events
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