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Ryder Signs Its Largest Natural Gas Lease Deal in North America

October 27, 2014, 07:17 AM
Filed Under: Trucking

Ryder System announced today that C.A.T. Inc. (formally Canadian American Transportation, Inc.) has signed a full-service lease agreement for 100 compressed natural gas (CNG) sleeper tractors. This is Ryder’s first natural gas lease customer in Canada and its largest single natural gas vehicle customer to date. C.A.T., a truckload carrier based in Coteau-du-Lac, Quebec, Canada, will use the trucks in its delivery fleet that travels from Montreal, Canada to Laredo, Texas. C.A.T. has served the shipping public between Canada and the United States since 1978 and provides transportation services to major corporations within the automotive, food, beverage, consumer packaged goods (CPG), and electronic industries. Ryder will also provide maintenance for the 100 CNG vehicles from Ryder’s Montreal, Canada service facility, which is being upgraded for compliance with natural gas standards.

“Ryder’s investment in natural gas vehicles and maintenance infrastructure began with a pilot project in Southern California, and has grown to be one of the largest commercial natural gas vehicle programs in North America,” said Ryder President of Global Fleet Management Solutions, Dennis Cooke. “As we continue to expand our natural gas vehicle footprint, we are able to help more businesses convert their fleets to this cost-effective and environmentally-friendly advanced fuel solution.”

C.A.T. has been leasing trucks from Ryder for the past eight years. Ryder will replace almost one-third of C.A.T.’s fleet of 325 vehicles with 100 CNG sleeper tractors. The natural gas fleet is expected to have a carbon emissions reduction of 2,564 metric tons.

“C.A.T.’s natural gas fleet program will enable us to be extremely successful in supporting our customers’ sustainability efforts. We are excited to work with Ryder to transfer our diesel fleet to a CNG fleet in Canada,” said C.A.T. President, Daniel Goyette. “With Ryder’s natural gas vehicle and maintenance expertise, we have the confidence that we can get the service and performance we need from our fleet today, while operating more cost-efficiently and environmentally-friendly.”

Ryder is an industry leader in natural gas vehicle solutions for the commercial transportation market with more than 27 million miles of natural gas operating experience. Businesses can tap into Ryder's extensive knowledge of natural gas vehicle operations, expanding maintenance network, and its highly trained and experienced technicians, to ensure the safe operation, maintenance, and fueling of natural gas vehicles. Ryder’s leasing and rental business model enables businesses to “test” the new technology with less risk of downtime, as well as insulate themselves from the unknown residual risk. The Company has deployed Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) vehicles into the fleets for Ryder customers in California, New York, Michigan, Texas, Arizona, Utah, Georgia and Louisiana. The Company operates two Liquefied to Compressed Natural Gas (LCNG) fuel stations at its maintenance facilities in Orange and Fontana, Calif. Ryder also operates an LNG fuel station at its Fulton, Ga. maintenance facility.







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