Tuesday, December 11, 2012

Ryder Launches Mobile RydeSmart® 3.0 App

Mobile Application Will Bring Ryder Telematics System to iPhone® and iPad® Devices

December 11, 2012 - MIAMI - Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced it has launched a mobile application of its onboard telematics system RydeSmart 3.0® for the iPhone® and iPad® devices. With this application, existing RydeSmart customers will be able to track their vehicles and access real-time data on their fleets from their mobile devices at any location, any time of the day. In only seconds, customers will be able to access detailed maps and check the movement and status of their fleets. The new RydeSmart application for the iPhone and iPad is free and can be downloaded from the iTunes App Store or www.rydesmart.com.

“In this business where fleets are constantly on the move, our customers need the tools to make decisions about rerouting vehicles or responding to emergencies at a moment’s notice,” said John Gleason, Senior Vice President of Fleet Management Solutions (FMS) Sales & Marketing for Ryder. “With this new app, dispatchers and fleet managers no longer have to be tied to their office computers in order to view the status of their vehicles. Now, they can conveniently access real-time fleet data even when they are on the go through their iPhones or iPads.”

The RydeSmart 3.0 mobile application allows the user to pinpoint exactly where a vehicle or group of vehicles is located and their direction and speed. The app also provides detailed map views as well as key vehicle data, such as hard breaking events.

RydeSmart 3.0 is a full-featured GPS fleet location, tracking, and vehicle performance management system offered to Ryder’s customers. A compact hardware and software unit that is installed in the vehicle and connects to its existing computer and diagnostics systems, RydeSmart 3.0 communicates wirelessly via a dedicated and secure connection to a Web-based application that can be accessed by fleet, safety, and driver managers.

RydeSmart 3.0 enables customers to improve the performance of their fleets by continuously monitoring vehicles’ location, mileage, speed, and direction, as well as other performance and diagnostic data – such as idle time, fuel consumption, average speed, miles logged, and hard braking events. It offers a robust mapping capability that includes a “bird’s eye view” of vehicles on the road and the ability to obtain a street-level perspective.

Additionally, it provides a history playback that can show a vehicle’s 48-hour history; information on traffic conditions in real-time; and extensive analytics reporting on vehicle and driver performance metrics. With this new mobile application, RydeSmart 3.0 will now be accessible at user’s fingertips without a computer.

Ryder offers one of the largest lease fleets with a telematics offering in the industry, with more than 22,000 units of RydeSmart installed. For more information, please visit www.rydesmart.com.

About Ryder:

Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index.

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 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 Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.