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Velox partners with Ryder to expand fleet

May 4, 2015
Velox Transport Services LLC has expanded its fleet with 40 tractors and 40 refrigerated trailers (15 tractor trailers in Miami and 25 tractor trailers in Jacksonville FL) under a Full Service Lease (FSL) agreement with Ryder Systems Inc.
Velox Transport Services LLC, a Miami FL-based independent carrier serving markets across the United States, has expanded its fleet with 40 tractors and 40 refrigerated trailers (15 tractor trailers in Miami and 25 tractor trailers in Jacksonville FL) under a Full Service Lease (FSL) agreement with Ryder Systems Inc. With an FSL, Ryder acquires vehicles according to customer specifications; provides financing, maintenance, and fleet support services; and then manages vehicle disposal to protect customers from residual risk. Velox has been a Ryder customer since 2012. With the addition of the new tractors and trailers, Velox’s total lease fleet with Ryder consists of 226 pieces of equipment. “Velox is in the business of transporting freight, which means we’re focused on maximizing profits in providing our clients with the best service possible—not on acquiring equipment, maintaining parts inventory, or contracting a network of roadside assistance,” said Rigo Diaz, Velox co-founder and president. “By outsourcing certain areas of the business to the right partner, we’ve been able to steer Velox in the right direction. We’ve definitely found that crucial partner in Ryder.”
The new vehicles are Cascadia Evolution tractors from Freightliner, which include advanced aerodynamic features like next-generation chassis fairings and side extenders, as well as a Detroit DD15 engine. The tractor’s DT12 transmission improves average fuel economy through consistent shift points and appropriate gear selections. These vehicles are also equipped with RydeSmart, Ryder’s GPS fleet location, tracking, and vehicle performance management system. RydeSmart enables customers to achieve a 10% to 15% reduction in fuel and CO2 consumption by monitoring idle time, speed, hard-braking events, and other activities that impact fuel consumption. RydeSmart also facilitates regulatory compliance through paperless trip reporting for interstate fuel tax calculations and Department of Transportation hours-of-service eLogs, reports, alerts, and audits for drivers. To support Velox’s growth, Ryder expanded its maintenance footprint in the Miami market in 2014 by adding a full-service maintenance facility to its local Used Truck Sales Center. The facility includes three service bays and provides Velox with access to a dedicated team of technicians. For more information, go to www.ryder.com.

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