Ryder Launches New Technology to Streamline Customers' Management of Fleet Data, Analysis and Reporting
- Web-based Fleet Management Tool Provides Business-Critical Information on Fleet Activity and Performance for Customers -
MIAMI, Aug. 21 -- Ryder System, Inc. , a global leader in transportation and supply chain management solutions, is launching Ryder FleetCare, a Web-based fleet management tool that provides customers with access to valuable information regarding the operation of their fleets. After successful testing in real-world conditions with Ryder customers, the Company has initiated a U.S. rollout through the fourth quarter of 2006.
"As one of the pilot companies for Ryder FleetCare, we found the tool to be extremely valuable in helping us manage and track our fleet performance by location," said Kent Hittinger, National Director of Operations for Celebration Foods. "Scorecard reports are automatically delivered to our sales and operations people monthly, giving us the ability to analyze fleet performance and make better business decisions."
Ryder FleetCare offers secure, immediate Internet access to a variety of performance metrics such as vehicle maintenance schedules, service calls, vehicle rental activity, fuel purchases and more. Reports can be customized and sorted in a variety of ways to analyze information by location or vehicle.
"Ryder continually looks for ways to deliver value, service, and a productivity edge to our customers that will help them to better understand and manage their fleet operations," said Tony Tegnelia, President of U.S. Fleet Management Solutions for Ryder. "Ryder FleetCare provides customers an easy way to obtain the critical business information they need to improve fleet performance and refine their transportation functions."
About Celebration Foods
Celebration Foods, a division of FOCUS Brands, Inc., and formerly Carvel Corporation, is the marketer, manufacturer and distributor of leading high quality frozen desserts, including, Carvel ice cream cakes and desserts. As the market leader in the ice cream and ice milk frozen desserts category, Celebration Foods' distribution reaches over 40 states in leading supermarkets, super centers and club stores. In addition, Celebration Foods offers co-branded solutions for its retail partners and low-temperature distribution solutions for other manufacturers. For more information on Celebration Foods, visit www.celebrationfoods.com.
About Ryder
Ryder is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information about Ryder System, Inc., visit www.ryder.com.
Note Regarding Forward-Looking Statements: Certain statements and information included in this press release are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those in the forward-looking statements. Important factors that could cause such differences include, among others, our ability to obtain adequate profit margins for our services, our inability to maintain current pricing levels due to customer acceptance or competition, customer retention levels, unexpected volume declines, loss of key customers in the Supply Chain Solutions (SCS) business segment, our failure to successfully implement new sales growth initiatives in our FMS business segment, unexpected reserves or write-offs due to the deterioration of the credit worthiness or bankruptcy of certain customers in our SCS business segment, changes in financial, tax or regulatory requirements or changes in customers' business environments that will limit their ability to commit to long-term vehicle leases, changes in market conditions affecting the commercial rental market or the sale of used vehicles, the effect of severe weather events, labor strikes or work stoppages affecting our or our customers' business operations, adequacy of accounting estimates and accruals particularly with respect to pension, taxes and revenue, changes in general economic conditions, sudden changes in fuel prices, availability of qualified drivers, our ability to manage our cost structure, changes in government regulations including regulations regarding vehicle emissions and the risks described in our filings with the Securities and Exchange Commission. The risks included here are not exhaustive. New risks emerge from time to time and 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.