MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it has begun to offer renewable diesel (RD) fuel, at its San Francisco, Calif. fueling facility, located at 2700 3rd Street. With this implementation, Ryder customers will be better able to address their sustainability goals of reducing greenhouse gas emissions while still utilizing diesel vehicles.
Tweet This: @RyderSystemInc makes it easier for customers to meet sustainability goals & reduce GHG emissions by offering 100% RD in San Francisco.
“Our decision to use 100% RD is based upon our ongoing commitment to ensuring we are delivering solutions that help our customers reduce greenhouse gas emissions,” said Chris Nordh, Ryder Director for Global Fuel Products. “This offering is the latest effort in helping to address the unique needs of our customers and allows for them to take advantage of the environmental benefits of a reliable renewable fuel source. Not to be confused with biodiesel, RD goes through a hydrotreating process instead of a transesterification process through which an ASTM D975 compliant diesel product is created. Therefore, offering a better solution for fuel filters, elastomer seals and components, and storage tanks.”
Based on production levels and availability of RD, Ryder will continue to monitor other markets with plans for expanding this offering. The Company also plans to continually analyze market opportunities that would benefit its customers to have RD available for their fleets. Either through Ryder’s fueling facilities or its new mobile fueling solution that provides fuel deliveries directly into vehicles parked on customer sites. This mobile service is now available through Ryder both in the U.S. and Canada.
“Cities must work with the private sector to reduce carbon pollution by transforming the energy we use to move people and goods. Renewable diesel is an excellent transition fuel as we move toward our zero-emission vehicle future powered by 100% renewable energy or biofuels. San Francisco led the nation in 2015 by switching our entire municipal fleet to renewable diesel, and we’ve been engaging private and public sector fleets, including Ryder, on the benefits of renewable diesel since,” said Debbie Raphael, Director of San Francisco’s Department of the Environment. “By making the switch to renewable diesel, Ryder’s leadership is expected to reduce greenhouse gas emissions by approximately 1,028 metric tons per year using current fuel volumes, improving air quality for everyone in the Bay Area.”
Ryder’s market leadership in operating advanced vehicle technologies in commercial truck applications also includes the Company’s natural gas vehicle (NGV) and maintenance solutions offering. Ryder currently has more than 100 million miles of NGV operation, 22 NGV maintenance facilities including two NGV fueling facilities in Orange and Fontana, Calif., and more than 6,200 NGV trained maintenance and support personnel across the Company’s North American service network.
Ryder is continually monitoring emerging fleet technologies and works closely with the technology providers and equipment manufacturers building innovative features to provide feedback around functionality, usability, and adaptability. The Company has an established North American maintenance and fueling network with approximately 800 maintenance facilities including 440 diesel fueling stations. Ryder purchases over 275 million gallons of diesel fuel each year and provides other fuel services such as mobile fueling, fuel planning, fuel tax reporting, centralized billing, fuel cards, and fuel monitoring.
For more information about Ryder’s fuel services, visit http://www.ryder.com/solutions/fleet-leasing/fuel-services.
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.
