MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, today announced it was recognized as a Clear Air Champion by the Tucson and Phoenix Clean Cities Coalition at the Arizona Clean Cities Coalitions’ Legislative Breakfast, which was recently held at the Arizona State Capital. Ryder was honored as a major contributor to the development of alternative fuel vehicle technologies in the state of Arizona. Ryder Group Director of National Sales Bobby Stewart accepted the award on behalf of Ryder.
In September 2011, Golden Eagle Distributors, Inc., a Ryder full service lease customer based in Tucson, Ariz., announced it would convert its entire heavy duty fleet of 22 diesel-powered delivery vehicles in Tucson to compressed natural gas (CNG) vehicles from Ryder. Golden Eagle’s decision to switch to natural gas was part of a strategic alternative fuel program focused on reducing transportation-generated emissions and reducing fuel costs. Ryder helped Golden Eagle through the process of understanding how the CNG vehicles could meet the needs of its loads and drivers while providing a cost-savings over the long term. Throughout the process, Ryder evaluated the natural gas vehicle technology for Golden Eagle, and configured and acquired the vehicles specific to Golden Eagle’s requirements.
Ryder became the first 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 announced in 2010. The Ryder/SANBAG project is part of a joint public/private partnership between the U.S. Department of Energy, the California Energy Commission, San Bernardino Associated Governments, Southern California Association of Governments, and Ryder. The $38.7 million effort includes a total of 202 natural gas vehicles available for lease or rent, three strategically located natural gas compliant maintenance shops in Rancho Dominguez, Orange, and Fontana, and two fueling stations. At completion, the Ryder/SANBAG project will displace more than 1.5 million gallons of diesel annually with 100 percent domestically produced low-carbon natural gas. Since announcing the SANBAG project in April 2010, Ryder has expanded its natural gas vehicle offerings to Tucson, Ariz., and Livonia and Grand Rapids, Mich.
“Ryder has been a member of the Tucson Clean Cities Coalition for two years, and we’re proud to work with Clean Cities to help reduce America's dependence on fossil fuels through clean alternative fuel projects,” said Scott Perry, Vice President of Supply Management, Fleet Management Solutions, Ryder. “There are significant benefits in using a domestically produced fuel source such as natural gas that is less expensive, cleaner and more environmentally friendly. Ryder is committed to leading the industry in making heavy duty natural gas vehicles available for our customers.”
The two Arizona Clean Cities Coalitions are among the 80 Coalitions across the United States, chartered by the U.S. Department of Energy, for the purpose of advancing two major U.S. initiatives: The Clean Air Act to help reduce air pollution and the Energy Policy act to help reduce dependence on foreign oil.
Pima Association of Governments is an association of local, state and tribal governments with a mission to build consensus among its members and the public on regional planning for transportation, air quality and water quality.
Clean Cities is a voluntary program of the U.S. Department of Energy to expand the use of alternatives to gasoline and diesel fuel, accelerate the use of alternative fuel vehicles and build a local refueling infrastructure for these vehicles.
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 included Ryder in its 2011 and 2010 “Green Partners” listing, and Newsweek has included Ryder for two years in a row in its ranking of the top 250 green U.S. companies. 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 and has been recognized by the Carbon Disclosure Project (CDP) in the Carbon Disclosure Leadership Index. A member of the American Red Cross Annual Disaster Giving 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 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.