Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, returns to the Advanced Clean Transportation (ACT) Expo in Las Vegas on May 20-23 with opportunities to engage the Ryder team and where Chairman and CEO Robert Sanchez will take the main stage to deliver a keynote on “Fleet Electrification in the Real World” on May 22.
During his keynote address, Sanchez will explore the transport costs and infrastructure challenges associated with converting commercial diesel vehicles to electric vehicles (EVs) in today’s market. This follows a recent analysis published by Ryder, titled “Charged Logistics: The Cost of Electric Vehicle Conversion for U.S. Commercial Fleets,” examining the estimated total cost to transport (TCT) goods by diesel versus electric in the light-, medium-, and heavy-duty commercial vehicle classes and potential broader inflationary impacts.
“At Ryder, we understand complexities of the commercial EV landscape – both the challenges and the opportunities it presents,” says Sanchez. “While we recognize the long-term potential of leveraging zero-emission vehicle technology, our EV TCT analysis quantifies the costs of fleet electrification and highlights other realities for businesses and consumers to consider.”
According to the analysis, light-duty vehicles emerge as the most cost-effective entry point for EV adoption in today’s market, whereas medium- and heavy-duty vehicles could pose a significant increase in the TCT. For a complete copy of the analysis and further insights from Ryder on the road to electrification, download a copy of “Charged Logistics: The Cost of Electric Vehicle Conversion for U.S. Commercial Fleets” via ryder.com/evtct.
Ryder joins other industry leaders during ACT Expo to discuss the trends, infrastructure solutions, and technologies in commercial transportation. This includes a breakout session called “Developing the Alternative Fuels Workforce” on May 20 moderated by Arun Chickmenahalli, director of maintenance at Ryder. Also during ACT Expo, conference attendees are invited to visit Ryder’s interactive exhibit (booth #1944) to engage with Ryder’s team and discover more about RyderElectric+, the company’s turnkey EV solution. Previously unveiled at the 2023 ACT Expo, RyderElectric+ provides electrification advisors, EVs, chargers, telematics, and maintenance all for one price and from one point of contact. The Ryder exhibit will feature presentations and an interactive putt-putt golf challenge designed with elements of the current EV landscape and Ryder’s EV solutions.
Schedule Interviews: For media interested in scheduling onsite interviews with Ryder executives, including Ryder CEO Robert Sanchez, contact Jonathan Mayor at [email protected].