World News: 11:55 GMT Thursday 19th September 2019. [Ryder System, Inc. via Businesswire via SPi World News]
(NYSE: R), a leader in commercial , , and solutions, announces the redevelopment of its Schertz, Texas location – within the San Antonio – New Braunfels metropolitan area. The facility, located at 9993 Doerr Lane, is Ryder’s latest and most modern facility in the company’s South Texas market, supporting fleets with truck leasing, maintenance, and rental needs.
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Ryder executives and employees during the ribbon cutting ceremony in Schertz, TX. (Photo: Business Wire)
The new facility, built on existing Ryder property, was constructed to improve operational efficiency and productivity. The redevelopment of the location increases Ryder’s capacity to serve the growing Schertz market, ultimately creating more jobs in the community.
“South Texas is expanding rapidly and becoming increasingly important to our regional customer base,” said John Diez, Ryder President of Fleet Management Solutions. “Our presence in Schertz started three years ago with a rental facility, but due to growing market demand, we needed more space. This redeveloped Ryder facility and its expanded capabilities will help us better serve customers through enhanced fleet management services.”
Features of the New Facility
The Schertz location includes an 18,500 square foot building and sits on five acres of land. It has nine work stations, four drive-through service bays, and a dual-lane fuel island to improve traffic flow. Additionally, the site includes a 6,000-square-foot office area including conference rooms, a driver amenity lounge, and a full-service rental counter for customers in need of a commercial vehicle.
Ryder is a Fortune 500® commercial, , and . The company’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder, which provides , , , and services, has been named among “The World’s Most Admired Companies” by Fortune, as well as one of “America’s Best Employers” and “America’s Best Employers for Women” by Forbes. The company is regularly recognized for its industry-leading practices in third-party logistics, environmentally friendly fleet and supply chain solutions, world-class safety and security programs, and hiring of military veterans. For more information, visit or our , and follow us on , , and .
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.
Business Wire: 11:55 GMT Thursday 19th September 2019
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