Ryder Selected to Provide On-site Maintenance and Truck Leasing to Multi Group Logistics
MIAMI, August 22, 2012 – Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, announced it has been selected by Multi Group Logistics, Inc., a premier provider of expedited asset-based truckload service of general dry commodities based in Franklin Park, Illinois, to provide on-site maintenance for its entire fleet of trucks and trailers and a full service lease for 205 heavy duty tractors from Ryder. The Ryder On-Site Fleet Maintenance solution brings Ryder’s state-of-the-art maintenance technology and expertise right to the customer’s location. Ryder’s On-Site Fleet Maintenance gives customers all of the advantages of Ryder’s professionally managed vehicle maintenance with the ease, convenience and reliability of on-site service. Ryder’s Full Service Lease is a turnkey lease program that includes vehicle configuration, financing, acquisition, maintenance and disposal.
“Maintenance is a key element of our ‘on time, every time’ commitment to our customers. We rely on our maintenance provider to maximize the uptime and safety of our fleet,” said Vassil Bayraktarov, President of Multi Group Logistics. “We looked at Ryder’s history and experience providing vehicle maintenance and decided that having that expertise on-site would provide the reliability, convenience, and speed we needed to keep that promise.”
Ryder’s On-Site Maintenance facility, which will be located at Multi Group Logistics’ Franklin Park headquarters, will service the trucking company’s full fleet of 500 vehicles, which include the 205 heavy duty tractors leased from Ryder, and 675 trailers. In addition, Multi Group Logistics will be able to receive service for its entire fleet at any of Ryder’s maintenance facilities throughout Ryder’s extensive U.S. network of facilities. The On-Site Maintenance facility was built by Multi Group Logistics and equipped by Ryder with the latest diagnostic technology and computerized maintenance scheduling and recordkeeping systems. The shop will be able to accommodate the maintenance of all of Multi Group’s 1,175 pieces of equipment.
Ryder’s On-Site Fleet Maintenance solution is ideal for companies of all sizes and industries that need to maintain their fleets in the best possible condition, and need quick turnaround whenever service is required. Ryder currently operates more than 225 On-Site Fleet Maintenance facilities in the United States, Puerto Rico and Canada, as part of its total service network of 800 facilities.
“Running an efficient maintenance operation for commercial vehicles can be a challenging task, with constantly changing vehicle technologies, regulatory requirements, training, tooling, and staffing needs,” said Dennis Cooke, President of Global Fleet Management Solutions for Ryder. “Our customers turn to Ryder for our expertise and 80 years of experience in the industry. We make it our business to give them the service levels they need, so they can focus on what they do best.”