Ryder System Inc. awarded a four-year fueling contract to Clean Energy Fuels Corp. to supply Ryder’s fleet of liquefied natural gas heavy-duty trucks serving Toyota Motor Manufacturing’s plant in Georgetown, Ky., Toyota’s largest production facility in North America.
Clean Energy will open a station to fuel the trucks, which are expected to consume 380,000 gasoline gallon equivalents each year, according to the Newport Beach, Calif.-based company.
“We are seeing a trend in shippers selecting carriers that demonstrate a commitment to the environment,” Clean Energy Vice President Chad Lindholm said in a statement.
Ryder Supply Chain Solutions ranks No. 13 on the Transport Topics Top 100 list of the largest for-hire carriers in North America.
Ryder System Inc.
“LNG as a transportation fuel helps us reduce our vehicle emissions, and we’re happy to partner with Clean Energy to continue our dedication to sustainability solutions,” Chris Nordh, Ryder’s senior director of advanced vehicle technologies and energy products, said in a statement.
Separately, Clean Energy and component manufacturer Landi Renzo announced they are combining their compressor manufacturing subsidiaries to form a new stand-alone company that will be a global supplier of natural gas compressors and related products.
The deal is expected to close before the end of the year, at which time Italy-based Landi Renzo will own 51% of the company and take over operations, while Clean Energy will retain a 49% ownership stake. Clean Energy CEO Andrew Littlefair will serve as chairman of the board.
The combined company will be headquartered in San Giovanni Persiceto, Italy, and retain Clean Energy’s manufacturing operation in Chilliwack, British Columbia.
Strict environmental policies are being adopted around the world to address air quality. Improved natural gas engine technology and a more abundant supply of renewable natural gas allows some large vehicles to reduce their emissions by 90% and cut climate-changing greenhouse gases by 70% versus diesel, according to the companies.
Clean Energy builds and operates compressed natural gas and LNG vehicle fueling stations, and manufactures CNG and LNG equipment and technologies.