Ryder CEO takes Main Stage at ACT Expo with Keynote on Economic Impacts of Converting Diesel to Electric Vehicles
Ryder to exhibit during Expo, providing insights on electrifying commercial fleets
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![Ryder returns to 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. (Graphic: Business Wire)](https://mms.businesswire.com/media/20240514265450/en/2131100/4/PT589825-ACT-Expo-2024-press-release-r3.jpg)
Ryder returns to ACT Expo in
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
“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
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
Schedule Interviews: For media interested in scheduling onsite interviews with Ryder executives, including Ryder CEO
About
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements, including our customers’ operations and demands, our expectations with respect to electric vehicles and the related costs of maintenance, charging infrastructure, labor and insurance, as well as our expectations related to the impacts of converting diesel fleets to electric on supply chains and inflation, are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the
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Jonathan Mayor, jonathan_c_mayor@ryder.com
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