Ryder Becomes First National Maintenance Provider to Convert to High Efficiency Engine Oil

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MIAMI--(BUSINESS WIRE)--

Ryder System, Inc. R, a leader in commercial fleet management and supply chain solutions, announced today that it is the first national maintenance service provider to convert its entire bulk oil program to low viscosity, high efficiency engine oil. The 10W-30 grade oil is now being used to service all Ryder lease, rental, and maintenance customer vehicles as part of the company's regular Preventive Maintenance program.

Using the more efficient oil, Ryder will enable customers to achieve up to a 1.5 percent improvement in fuel economy. In addition, the move will translate into a collective reduction of almost 110,000 metric tonnes of carbon (CO2e) emissions annually.

“As a leader in our industry, we have a unique opportunity and ability to improve cost efficiencies and reduce the environmental impacts of our operations, as well as those of the tens of thousands of customers we serve,” stated Scott Perry, Vice President of Supply Management and Global Fuel Products for Ryder. “This initiative is the latest example of proactive steps we take to continually improve the performance and sustainability of our customers' fleets.”

Ryder uses approximately three million gallons of engine oil in its operations each year. Through the company's automotive waste recycle and reuse program, Ryder annually recycles approximately 3 million gallons of used oil, 100,000 million gallons of oily water, 12,000 drums of used oil filters, 47,000 gallons of solvent, and 100,000 automotive batteries. This program results in a reduction of more than 22,000 metric tonnes of CO2e. For more information about Ryder's sustainability programs, download the company's Corporate Sustainability Report.

Ryder's Preventive Maintenance service leverages a nationwide network of 800 locations and 5,000 trained technicians to provide regularly scheduled maintenance and optionally take care of major repairs when and where they're needed. Drawing on industry-leading maintenance expertise, Ryder technicians keep customers trucks in excellent mechanical condition and inspection-ready. With national coverage, customers can enjoy the same high-quality Ryder service anywhere their vehicles travel.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management and supply chain solutions company. Ryder's stock R is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Inbound Logistics magazine has included Ryder in its “Green Partners” listing for five years in a row. 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 Facebook, YouTube, Twitter, and on our Online Newsroom. Access Ryder's Corporate Sustainability Report here.

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.

Tweet This: Ryder converts to high efficiency engine #oil. Helps customers improve #fuel efficiency and reduce #GHG #emissions. #smallerfootprints @RyderPR

Ryder System, Inc.
Cindy Haas, 305-500-4526
Cindy_Haas@Ryder.com
or
Jennifer Hanlon, 305-500-4547
Jennifer_A._Hanlon@Ryder.com

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Posted In: Press Releases
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