Ceva is expanding its full service lease contract with Ryder System Inc. by adding over 1,000 trailers to support its domestic U.S. ground business, including the company’s Ceva Ground and Freight Management businesses
Ceva is expanding its full service lease contract with Ryder System Inc. by adding over 1,000 trailers to support its domestic U.S. ground business, including the company’s Ceva Ground and Freight Management businesses.
Ryder’s relationship with Ceva started nearly 30 years ago. It now includes over 200 power units and the addition of 1,044 Utility Trailer Mfg. Co. 4000 D-X trailers for a total of more than 1,244 vehicles under lease with Ryder.
Under its new 10-year contract with Ryder, Ceva will receive a dedicated fleet coordinator who will use GPS to oversee the trailer operations and service them via mobile maintenance teams at each of Ceva’s seven major hubs in North America.
Ceva said the lease expansion is in response to growing demand for its truckload and LTL services, which allowed it to boost the total size of its trailer fleet to almost 4,700 units in North America this year.
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