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Ryder Helps Customers Improve Fuel Efficiency and Driver Retention – Adds More Than 1,000 New Automatic Transmission Trucks to Commercial Rental Fleet

Business Wire
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Ryder System, Inc. (NYSE:R) , a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it is deploying more than 1,000 new automatic transmission trucks that will expand and refresh its North American rental fleet. The vehicles meet increasing demand from customers looking to improve fleet performance and driver job satisfaction. The automated transmission technology gives customers the performance they need, while optimizing fuel economy. The easy-to-operate transmissions also improves the experience for drivers, by providing smoother gear shifts, advanced safety features, and a variety of driving modes to accommodate different terrains and applications.

Ryder's new automatic transmission truck that is now available in its North American commercial rent

Ryder’s new automatic transmission truck that is now available in its North American commercial rental fleet. (Photo: Business Wire)

“With this investment in automatic transmission vehicles, we are helping customers address critical business priorities – fleet efficiency, driver retention, and recruiting,” said Richard Mohr, Vice President and Global Product Manager, Ryder Rental Operations. “This is one more way we are demonstrating our commitment to maximizing the performance of our customers’ fleets, while providing the flexibility and convenience of a rental solution.”

Ryder Commercial Rental provides customers with rental trucks on a short-term basis to meet their needs for supplemental capacity. Ryder serves customers at more than 500 convenient rental locations across the U.S. and Canada, staffed with a dedicated team of knowledgeable rental agents, and stocked with an inventory of over 32,000 recent-model vehicles. All rental vehicles are backed by Ryder’s Rental Service Guarantee. To rent a truck, call 1-800-345-9282 or visit reservations.ryder.com.

To access and search Ryder’s inventory of used vehicles, visit www.usedtrucks.ryder.com.

About Ryder

Ryder is a FORTUNE 500(R) 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. Ryder 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. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom, Facebook, LinkedIn, Twitter, 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.

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