Ryder System Inc (NYSE: R) has signed a natural gas vehicle (NGV) lease contract with its new customer in Florida, M&B Products, a state-of-the-art eco-friendly dairy farm.
M&B has signed a full service lease agreement with Ryder for three compressed natural gas (CNG) heavy-duty vehicles. The new CNG trucks will be maintained by Ryder at its Tampa FL service facility at 4015 N 40th Street, which is already engineered to meet the maintenance compliance requirements for natural gas.
M&B produces, manufactures, and packages fruit juices, milk, yogurt, and water in a variety of packages including cartons, cups, and pouches under an assortment of brand names. The company will use the new CNG vehicles to support its distribution fleet that services distributors in the South Florida region from Tampa to Miami.
“Adding natural gas heavy-duty trucks to our delivery fleet aligns with our efforts to raise the bar on eco-friendly farming,” said Mike McGucken, M&B transportation consultant. “We are proud to work with Ryder to bring this cleaner technology into our business, so we can not only run an efficient and environmentally-sound dairy, but also be a good neighbor and corporate citizen. M&B continuously looks for ways to reduce their carbon footprint.”
