Ryder System, Inc. Launches RyderElectric+TM, a Turnkey Electric Vehicle Fleet Solution

What’s Happening

Ryder System, Inc., a leading player in supply chain, dedicated transportation, and fleet management solutions, recently announced RyderElectric+TM as its latest comprehensive electric vehicle (EV) fleet solution. The unveiling took place during the ACT Expo in Anaheim, California, where Ryder had an exhibit. The new solution is intended to simplify the addition of EVs to any fleet by providing electrification advisors, vehicles, charging, telematics, and maintenance under a single pricing structure.

Why It Matters

This new offering by Ryder comes at a time when the demand and adoption of commercial EVs are accelerating across transportation and logistics industries. The move to electric fleets reflects a broader trend towards sustainability and emission reduction in the industry. As a company known for its expertise, advisory services, and relationships with vehicle manufacturers and charging companies, Ryder aims to help companies build and maintain electric fleets that meet their needs. Ryder CMO and head of new product innovation, Karen Jones, emphasized the company’s commitment to making the integration of electric vehicles as seamless as possible through their streamlined solutions.

Key Points

RyderElectric+ will act as a centralized hub for Ryder’s best-in-class fleet-management services in financing, facility infrastructure, charging, and maintenance for commercial EVs. It includes electrification advisors who help customers assess vehicle fit, estimate potential emission reduction and total cost impact, evaluate charging service requirements, provide guidance on the availability of potential grants, and build out an EV transition roadmap. The new solution also gives customers access to Ryder’s advanced vehicle technology inventory, financing, warranty, and safety options. Furthermore, it boasts Ryder’s national maintenance footprint, 24/7 emergency roadside assistance, on-the-road usage/telematics for fleet insights, and EV chargers at select Ryder locations.

Bottom Line

Ryder’s latest initiative, RyderElectric+, is a significant step toward comprehensive electric fleet management, deployment, fueling, and maintenance. Group Director for Advanced Vehicle Technology at Ryder, Carlo Rodriguez, stated that the latest offering provides Ryder’s customers with an end-to-end solution for zero-emission commercial fleet management. The company’s ongoing commitment to integrating EVs is demonstrated by its recent plan to introduce 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its lease and rental fleet by 2025. In addition, its current fleet options of advanced vehicle technology include Ford E-Transits, Navistar eMV, Lonestar EVs, and Freightliner MT50e, among others. Ryder has also reserved Tesla Semi tractors and continues to collaborate with various OEMs to provide new EV solutions to its customers.

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