Clean Energy to Open LNG station in Georgetown, Ky. to fuel the 20
trucks
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Clean
Energy Fuels Corp. (Nasdaq: CLNE)
announced today that Ryder System Inc., a leader in commercial fleet
management, dedicated transportation, and supply chain solutions, has
awarded Clean Energy a four-year fueling contract for a fleet of
liquified natural gas (LNG) heavy-duty
trucks that move goods for Toyota Motor Manufacturing, Kentucky,
Inc., Toyota's largest manufacturing facility in North America located
in Georgetown, Kentucky. Clean Energy will open a station in Georgetown
to fuel the trucks that are expected to consume approximately 380,000
gasoline gallon equivalents (GGEs) each year.
Ryder has made sustainability a priority and has been a leader in
expanding its offering of advanced vehicle technologies. Toyota has also
rapidly expanded into alternative fuels and has encouraged its
third-party carriers to move its goods in a more sustainable way. LNG
produces less emissions than diesel.
"At Ryder, we have the opportunity and ability to continually reduce the
environmental impacts of our operations and those of the customers we
serve," said Chris Nordh Sr. Director - Advanced Vehicle Technologies &
Energy Products at Ryder. "LNG as a transportation fuel helps us reduce
our vehicle emissions, and we're happy to partner with Clean Energy
to continue our dedication to sustainability solutions."
"We are seeing a trend in shippers selecting carriers that demonstrate a
commitment to the environment," said Chad Lindholm, Vice President at
Clean Energy. "Natural gas is a perfect fit for carriers because not
only is it cleaner, it's abundant, is available today, performs every
bit as well as diesel, and makes sense economically."
Clean Energy Fuels Corp. is the leading provider of natural gas
fuel for transportation in North America. We build and operate CNG and
LNG vehicle fueling stations; manufacture CNG and LNG equipment and
technologies; and deliver more CNG and LNG vehicle fuel than any other
company in the U.S. Clean Energy is also the country's largest supplier
of RNG and believes its Redeem™
RNG fuel is the cleanest transportation fuel commercially available,
reducing greenhouse gas emissions by up to 70%. For more information,
visit www.CleanEnergyFuels.com.
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder's stock
(NYSE:R) is a component of the Dow Jones Transportation Average and the
S&P MidCap 400® index. The Company has been named among FORTUNE's
World's Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. Inbound Logistics
magazine has included Ryder in its "Green Partners" listing for nine
years in a row. Ryder was also recognized by the U.S. Environmental
Protection Agency (EPA) with a 2014 SmartWay Affiliate Challenge award
and SmartWay Excellence Awards in 2014 and 2013. Ryder is a charter
member of the NGV Fleet Forum and a member of the Department of Energy's
National Clean Fleets partnership. Ryder is also a recipient of the 2011
NGV Achievement Award. A member of the American Red Cross Disaster
Responder Program, Ryder is proud to support national and local disaster
preparedness and response efforts. For more information, visit www.ryder.com,
and follow us on our Online
Newsroom and social media pages: Facebook,
LinkedIn,
Twitter,
Instagram,
and YouTube.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 that involve risks, uncertainties and
assumptions, including without limitation statements about amounts of
natural gas fuel expected to be consumed and the benefits of natural gas
relative to diesel. Actual results and the timing of events could differ
materially from those anticipated in these forward-looking statements as
a result of several factors. The forward-looking statements made herein
speak only as of the date of this press release and, unless otherwise
required by law, the Company undertakes no obligation to publicly update
such forward-looking statements to reflect subsequent events or
circumstances. Additionally, the reports and other documents the Company
files with the SEC (available at www.sec.gov)
contain risk factors, which may cause actual results to differ
materially from the forward-looking statements contained in this news
release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171121005330/en/
Clean Energy Media Contact:
Jason Johnston
949-437-1411
jason.johnston@cleanenergyfuels.com
or
Clean
Energy Investor Contact:
Tony Kritzer
949-437-1403
tkritzer@cleanenergyfuels.com
Source: Clean Energy Fuels Corp.
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