MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, announced that it is a platinum sponsor of the 2013 Alternative Clean Transportation (ACT) Expo, North America’s largest alternative fuel and clean vehicle technology conference and expo. In addition, two of the company’s executives, Scott Perry, Vice President of Supply Management for Ryder, and Chris Nordh, Senior Manager Alternative Fuels & Finance for Ryder, will be speaking on a panel at the event. The panel, titled “Fleet Perspective: Critical Issues for the Road Ahead,” will take place on June 27 at 8 a.m. at the Walter E. Washington Convention Center in Washington, DC. The panel will explore the rationale, lifecycle costs and other considerations that go into the investment decisions being made by top fleets. It will also explore the economic influences shaping the market and help define the essential elements of a business case required for investment and growth in the advanced transportation technology arena.
Mr. Perry will discuss how fleets can evaluate the total cost of ownership for heavy-duty natural gas vehicles. Mr. Nordh will discuss how to facilitate the deployment of alternative fuel vehicle fleets by leveraging outsourced transportation solutions such as rental and leasing.
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 recently opened two natural gas refueling stations in Fontana and Orange, CA. Additionally, Ryder has equipped three maintenance facilities for the indoor servicing of natural gas vehicles in Fontana, Orange, and Rancho Dominguez. The $38.7 million project was funded as part of a joint public/private industry partnership between the U.S. Department of Energy, the California Energy Commission, and Ryder. Ryder has deployed more than 300 Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) vehicles with more than 40 Ryder customers in California, Michigan, Arizona, and Louisiana. For more information about how Ryder innovates for the environment, read ourCorporate Sustainability Report or visit www.ryder.com/alternativefuels.
Now in its third year, ACT Expo is unrivaled in its ability to provide strong educational content, hands-on access to new technologies, and valuable networking opportunities to progressive transportation professionals. Program topics for the agenda will include: end-user case studies from leading fleets; fueling supply and infrastructure solutions; emission reduction strategies and technologies; alternative fuel training and technical tours; a packed Expo Hall with hands-on technology displays; and a “Ride & Drive” event with light- to heavy-duty vehicles.
The 2013 ACT Expo will be held June 24-27. For more information on the expo, visit www.actexpo.com.
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.