Ryder Introduces Industry’s Most Flexible Fueling Solution – Ryder Mobile Fuel

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced it has launched its new mobile fueling solution that provides fuel delivery to customer fleets that are off duty and domiciled at customer locations in the U.S. and Canada. Ryder’s new mobile fueling solution leverages the Company’s strategic fuel partnerships to create an industry-first fuel delivery network that spans across the U.S. and Canada. The new fueling solution offers the most flexibility, choice, and control in fleet management as it combines the benefits of maximized driving time, increased asset utilization, along with transparent and consistent fuel pricing for Ryder’s ChoiceLease and SelectCare customer base.

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Ryder rental vehicle pulling out of a Ryder fuel island. (Photo: Business Wire)

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“Ryder is continuously looking for ways to create and deliver the most flexible and innovative fleet management solutions for our customers in the United States and Canada as they rely on us to keep their businesses running,” said Ryder President of Global Fleet Management Solutions, Dennis Cooke. “By offering greater flexibility in our leasing and maintenance portfolio, we are making it easier for more companies to do business with Ryder. With today’s announcement, customers interested in Ryder’s ChoiceLease and SelectCare solutions can now choose the value-added service of mobile fuel delivery.”

Ryder’s mobile fueling solution also provides its vehicle lease customers with the benefit of the Company’s national fuel buying power. With 435 existing fueling locations and 6,400 fuel network partners, Ryder is positioned to offer customized strategic fuel management to meet the needs of its customers.

“Ryder is one of the largest fleet purchasers of diesel fuel in the U.S., dispensing over 275 million gallons of fuel to thousands of customers across the U.S. and Canada each year,” said Scott Perry, Ryder Vice President of Supply Management and Global Product Management. “While we can’t control the price of fuel, we are in position to offer pricing that is competitive for our customers and provide consistent availability of high-quality fuel. Our customers recognize the value that comes from our fully comprehensive leasing and maintenance offering.”

Ryder’s mobile fuel solution offers a customer web portal that allows for the confidential online management of fuel transactions. Each fuel transaction that is completed is then loaded into the customer’s customized online dashboard where they are able to download detailed reports to help manage vehicle operations, fuel usage, and spend. Ryder's mobile fuel solution is a breakthrough strategic advantage for businesses, helping to save time, control costs, and streamline fleet management.

For more information about Ryder’s fuel services, visit http://www.ryder.com/solutions/fleet-leasing/fuel-services.

About Ryder

Ryder is a FORTUNE 500® 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 and social media pages: Facebook, LinkedIn, Twitter, Instagram, 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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