Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

RYDER SYSTEM, INC.

(R)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Ryder System : Salisbury Linen Services chooses Ryder for fleet replacement to deliver vital laundry to hospitals across South East England

10/14/2021 | 10:12am EST

Birmingham, UK, 14 October 2021 - Ryder Ltd ("Ryder"), a leading independent provider of commercial vehicle contract hire, rental and maintenance services, has supplied new customer Salisbury Linen Services (SLS) with a range of DAF vehicles under a lease hire deal to meet SLS's health service delivery requirements.

Part of the Salisbury NHS Foundation Trust, SLS provides specialist laundry and linen services for hospitals and community trusts across the South of England. The new DAF LF 150 vehicles from Ryder are being used to deliver vital laundry, including bed linen and hospital scrubs, to almost 70 different NHS and health care providers across the South East, averaging 40 drops a day.

Ryder has supplied a mix of 12-tonne and 18-tonne box rigid DAFs, which was a key component in SLS choosing Ryder. "It made sound business sense for us to have DAF vehicles as the warehouse we dispatch from is located at the same site as DAF dealer Brewers Truck Centre," commented Anthony Proctor, operations manager at SLS.

SLS is able to have its new Ryder vehicles maintained and serviced by Brewers - a Ryder-approved maintenance provider - reducing unnecessary downtime from having to travel further afield for vehicle maintenance. "Ryder has arranged a maintenance agreement with Brewers to handle our PMIs[i], MOTs [ii], breakdowns and repairs. Being on the same site as Brewers is very, very helpful," added Proctor.

Uptime of vehicles is essential for SLS as it has critical delivery windows for its NHS clients, which was another reason for choosing Ryder. "Assurance and reliability that we will deliver the critical care goods within the agreed two- to four-hour timeframe is imperative. Ryder's national coverage and large fleet provides us with a much-needed element of security that, if required, replacement vehicles are available up and down the country at short notice," explained Proctor.

All of SLS's linen is manoeuvred by cage, so Ryder has provided lock rails inside the trucks to secure the loads, along with a full vehicle livery and built-in vehicle telematics from Microlise.

"We pride ourselves on a 100% delivery window record, so being able to track the vehicles and monitor delivery window times is vital. The Microlise telematics also allows us to monitor the driving performance of our team of drivers to reduce any unnecessary costs related to tyre wear or harsh use of the accelerator, for example," he said.

Another key factor in SLS choosing Ryder for its fleet upgrade was the addition of innovative solar technology from Ryder partner TRAILAR, that is fitted to the roof and connected to the vehicle's battery. The harvested solar energy is used to power a range of on-board ancillaries including tail lifts, thus helping to reduce fuel consumption and CO2 emissions.

"The main benefit of having TRAILAR included with these vehicles is that it aids our sustainability goals by helping to lower our carbon footprint. We aim to be as efficient as we can be and not cause any unnecessary harm to the environment, which is all part of being a good and preferred supplier to the NHS," Proctor added.

With ongoing economic uncertainty, SLS had been looking for a vehicle provider that could provide flexibility within the contract terms - Ryder was able to meet that requirement. "A lot of providers are very rigid and one-dimensional with terms & conditions, whereas Ryder listened to our needs and came up with a contract that suited us perfectly," said Proctor.

Ryder National Equipment Director Steve Williams commented: "We're delighted to welcome SLS as a new Ryder customer and look forward to supporting them with all future fleet requirements. The flexibility we were able to provide in terms of the contract, vehicles and maintenance played a key part in SLS choosing Ryder for their fleet upgrade."

For further information, please visit ryder.couk.

Footnotes:

[1] A PMI is a planned or preventative maintenance inspection and is a requirement of the Operators Licence (O-licence) for running heavy goods vehicles in the UK. The PMI is the time when the vehicle gets a full check and any defects are fixed to ensure the roadworthiness of the vehicle.

[1] The MOT test is an annual test of vehicle safety, roadworthiness aspects and exhaust emissions required in the UK for most vehicles over three years old. The test and the pass certificate are often referred to simply as the "MOT".

[i]A PMI is a planned or preventative maintenance inspection and is a requirement of the Operators Licence (O-licence) for running heavy goods vehicles in the UK. The PMI is the time when the vehicle gets a full check and any defects are fixed to ensure the roadworthiness of the vehicle.

[ii]The MOT test is an annual test of vehicle safety, roadworthiness aspects and exhaust emissions required in the UK for most vehicles over three years old. The test and the pass certificate are often referred to simply as the "MOT".

Disclaimer

Ryder System Inc. published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 14:11:10 UTC.


ę Publicnow 2021
All news about RYDER SYSTEM, INC.
11/22Ryder Executive Vice President and CFO to Address Stephens Annual Investment Conference
BU
11/19RYDER SYSTEM : Enhances Customer-buying Experience For Used Approved Vehicles
PU
11/19RYDER SYSTEM, INC. : Ex-dividend day for
FA
11/16RYDER SYSTEM : Commercial Truck Production Delays
PU
11/11Ryder Maintenance Technician Wade Robinson named 2021 'Top Tech;' Wins $50,000 Prize at..
AQ
11/10Ryder Sets Employee Giving Record with $900,000 Donation to United Way
AQ
11/10Ryder Maintenance Technician Wade Robinson named 2021 “Top Tech;” Wins $50,..
BU
11/09Ryder Awarded on the Forbes America's Best Employers for Veterans 2021 List
BU
11/093 Trends in Supply Chain Design
PU
11/08Ryder Sets Employee Giving Record with $900,000 Donation to United Way
BU
More news
Analyst Recommendations on RYDER SYSTEM, INC.
More recommendations
Financials (USD)
Sales 2021 9 544 M - -
Net income 2021 468 M - -
Net Debt 2021 5 387 M - -
P/E ratio 2021 9,76x
Yield 2021 2,68%
Capitalization 4 582 M 4 582 M -
EV / Sales 2021 1,04x
EV / Sales 2022 1,02x
Nbr of Employees 39 000
Free-Float 99,3%
Chart RYDER SYSTEM, INC.
Duration : Period :
Ryder System, Inc. Technical Analysis Chart | R | US7835491082 | MarketScreener
Technical analysis trends RYDER SYSTEM, INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 85,34 $
Average target price 93,57 $
Spread / Average Target 9,65%
EPS Revisions
Managers and Directors
Robert E. Sanchez Chairman & Chief Executive Officer
John J. Diez Chief Financial Officer & Executive Vice President
Rajeev Ravindran Chief Information Officer & Senior Vice President
Norman Brouillette VP, General Manager-Technology & Healthcare
Kendra Phillips Chief Technology Officer
Sector and Competitors