Ryder System Inc (NYSE: R) announced its fleet of natural gas vehicles (NGVs) has surpassed 100 million miles of operations, making it the first commercial fleet outsourcing provider to reach this significant milestone.
Through this achievement, Ryder has gained insight into the NGV industry and how to optimize this solution for customers looking to reduce costs and emissions.
“This latest milestone reinforces Ryder’s ongoing commitment to assist companies across multiple industries reduce fuel costs, lower carbon output, and meet their environmental objectives,” said Robert Sanchez, Ryder chairman and chief executive officer.
With trained technicians and a knowledge of natural gas and the evolving advanced fuels maintenance network, Ryder is a leader in this field. In addition, Ryder closely tracks emerging fleet technologies, incentive programs, and government rebates to deliver competitive lease and rental rates for customers interested in NGV solutions.
Beverage container recycling company UBCR LLC also announced that it would be renewing its NGV lease with Ryder for its entire truck fleet, becoming the first Ryder customer to transition from first-generation NGVs to the latest available technology.
Michigan-based UBCR has operated its Ryder NGV fleet for more than 7 million miles since 2011. As an early adopter of Ryder’s NGV system, UBCR has reduced its greenhouse gas emissions by about 2,704 MTCO2e (metric tons of carbon dioxide equivalent) and replaced more than one million gallons of diesel fuel with lower-emission, domestically produced natural gas. Sixteen compressed natural gas vehicles, designed with the latest modifications and technological advances, will replace UBCR’s entire truck fleet.
Ryder’s NGV fleet consists of compressed and liquefied NGVs serving users in Arizona, Arkansas, California, Florida, Georgia, Louisiana, Maryland, Michigan, Minnesota, Mississippi, New York, Pennsylvania, Tennessee, Texas, Utah, Wisconsin, and in both Ontario and Quebec, Canada.
For more information, see www.ryder.com.
