Beverage Container Recycler, UBCR, Renews Natural Gas Vehicle Lease with RyderBeverage Container Recycler, UBCR, LLC also announced today that they would be renewing their natural gas vehicle 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 beverage container recycling company UBCR, LLC has operated its Ryder NGV fleet for more than 7 million miles since 2011. As an early adopter of Ryder's NGV solution, UBCR has reduced its greenhouse gas emissions by approximately 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. "As a leading recycling company, this important carbon reduction initiative complemented our long-standing growth strategy which is grounded in sustainability. Ryder's advanced energy portfolio, expertise, and infrastructure in the market were key factors driving our decision to select them as our fleet partner five years ago, and it remains so to this present day as we continue to enjoy all the benefits of operating NGVs," said Nick Kronsbein, General Manager for UBCR. "Ryder made it easier for us to jumpstart our sustainable transportation program and convert our entire UBCR fleet to abundant, clean, and efficient natural gas. In the process, UBCR has gleaned financial benefits, including gaining more control over our costs and budgets by investing in a predictable and stable fuel source, while also contributing to the wellbeing of our environment." Ryder NGV Milestones 2011 - Present
- 2011 - Ryder partnered with the San Bernardino Associated Governments (SANBAG) to implement the nation's most groundbreaking and innovative heavy-duty natural gas truck projects to date - purchasing and deploying more than 200 heavy-duty natural gas powered trucks. Today the Company has achieved 100 million miles with its NGV fleet operations, eliminating more than 35,269 MTCO2e of greenhouse gas emissions. Ryder has also replaced approximately 15.4 million gallons of diesel fuel with lower emission domestically produced natural gas.
- 2013 - Ryder's sustainability efforts expanded in 2013 when the Company opened its first natural gas fueling stations in its North American network to serve both the general public and Ryder lease and rental customers. The Liquefied to Compressed Natural Gas (LCNG) stations are located at two of Ryder's maintenance and fueling facilities in Orange, and Fontana, CA. Ryder also partnered with Clean Energy Fuels to switch the fuel at its stations in California to Clean Energy's Redeem™ renewable natural gas (RNG), the cleanest fuel available today. By making the switch to RNG, Ryder is expected to reduce greenhouse gas emissions by approximately 6,300 metric tons per year using current fuel volumes. This would be the equivalent of removing approximately 1,319 passenger cars from the road annually.
- 2015 - Ryder announced one of the largest investments in its advanced energy portfolio: the launch of a new online NGV maintenance training program for its entire North American maintenance network. The program provides the Company's entire technician workforce with knowledge of a wide array of NGV platforms and configurations in order to better serve customers who commit to converting all of or part of their fleets to natural gas. Ryder currently has 22 NGV maintenance facilities with more than 5,500 NGV trained maintenance and support personnel.
Ryder's NGV fleet consists of compressed and liquefied NGVs serving customers 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 about Ryder's NGV solutions visit http://www.ryder.com/en/solutions/alternative-fuels-solutions/natural-gas-solutions.aspx. 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. The Company 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. Inbound Logistics magazine has included Ryder in its "Green Partners" listing for eight years in a row. Ryder was also recognized by the U.S. Environmental Protection Agency (EPA) with a 2014 SmartWay Affiliate Challenge award and SmartWay Excellence Awards in 2014 and 2013. Ryder is a charter member of the NGV Fleet Forum and a member of the Department of Energy's National Clean Fleets partnership. Ryder is also a recipient of the 2011 NGV Achievement Award. A member of the American Red Cross Disaster Responder Program, Ryder is proud to support 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.