Tuesday, June 21, 2011

CEVA and Ryder continue 30-year partnership

MIAMI, FL -- Ryder System, Inc. today announced that it has expanded its full service lease contract with CEVA Logistics, adding over 1,000 trailers to support its domestic U.S. ground business.

"We've been working with Ryder for more than 30 years and their continued loyalty, geographic coverage and operational flexibility have given us the confidence to sign on to this substantial order," said Jim Krepp, CEVA's Vice President of Procurement in the Americas.

Ryder's full service leasing relationship with CEVA started nearly 30 years ago.

This is also a major milestone for Utility Trailer because the 1,044 units ordered for their model 4000D-X Composite(TM) is their largest ever.