Ryder System Inc (NYSE: R) has been selected by Mama Bosso to provide three new refrigerated trucks under a full-service lease agreement. Mama Bosso, a frozen pizza brand based in Rock Island IL, will use the trucks to support its distribution and delivery operations to grocery stores in the Quad Cities region.
With a full-service lease, Ryder acquires vehicles according to the customer’s specifications; provides financing, maintenance, and fleet support services; and then manages vehicle disposal to protect customers from residual risk. This is the first time Mama Bosso has outsourced its fleet.
Scott Florence, chief executive officer and president of Mama Bosso, said outsourcing fleet operations with Ryder enables him to focus on growing his business.
“We started out with two of our own trucks, and the moment one of them was out of service, I immediately realized just how valuable outsourcing our fleet would be,” said Florence. “We aren’t in the business of shopping for trucks or maintenance. Leasing vehicles from Ryder means we can leverage their maintenance network in markets we currently serve and in new markets we are trying to penetrate. Having a fleet of well-maintained refrigerated vehicles, including 24-hour roadside assistance and available rentals, is also critical in the perishable food and grocery industry.”
