fbpx
Main Navigation
Sections
Social Media Connect
Our Other Brands
  • Lifestyle Media Group Logo
South Florida Business and Wealth
South Florida Business & Wealth
Columnists

Amid a rising share price, Ryder announces new maintenance plans

| SFBW Staff
Ryder trucks

Ryder, the Fortune 500 logistics giant based in Miami, is offering what it terms novel new maintenance options for fleet managers.

The news comes as Ryder (NYSE: R) has been one of the major stock market success stories in a turbulent year. It’s shares have risen from under $50 at the start of the year to trade at $68.16 on May 24. The company provides commercial fleet management, dedicated transportation, and supply chain solutions company and is part of the Dow Jones Transportation Index and the Standard & Poor’s 500.

Ryder has long bundled maintenance in with its lease programs, but now is adding a pay as you go maintenance program and another that covers just preventive maintenance.

“Our full service lease customers recognize the value that comes from our fully comprehensive leasing and maintenance offering,” Ryder Chairman and CEO Robert Sanchez said in a statement. “However, recent market research and conversations with private fleet owners and other prospects that are new to outsourcing have shown that there is strong interest in having options.”

Ryder ChoiceLease Full Service is the company’s traditional plan with all maintenance included. The new Ryder ChoiceLease Preventive allows customers to enjoy the financial benefits of a Ryder lease with preventive maintenance on new and used vehicles, enabling them to choose how and where to handle their other repairs or maintenance outside of preventive checks. Ryder ChoiceLease On-Demand provides customers with the financial benefits of leasing, combined with access to Ryder’s national maintenance network on a pay-as-you-go basis.

The offering is only available on new and used trailers, as well as used power equipment.

Ryder has details about the plan on its home page and outlined bullet points on how it is providing more flexibility in general to its customers:

  • The most flexible maintenance choices – Full Service, Preventive, or On-Demand
  • The most flexible equipment options – the widest selection of new or used tractors, trailers and trucks from a variety of manufacturers
  • The most flexible terms – short-, medium-, or long-term
  • The most flexible financing – choose from a number of Ryder financing options that help businesses take advantage of tax benefits
  • The most variety of value added services – from fuel and insurance, to safety services

You May Also Like
Stephen Garber
Reaching Out
December 16, 2020
More Columnists Posts
State Legislature Drops the Job Growth Ball
 |  Drew Limsky

By Gary Press   With Florida facing historically high unemployment because of the COVID-19 pandemic, one would think our state government would be pulling out all of the stops to

Read More
Rethinking Sales Today
 |  Greta Schulz

Today, more organizations increasingly are facing more competition, rapidly changing technology, slower market growth and less product differentiation. This trend requires business development professionals to manage more accounts, build stronger

Read More
The Future of the Office
 |  Frank Papandrea

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text] As I talked to my many office tenants in the first few weeks of the national shutdown, they were pleasantly surprised

Read More
Is your sales manager managing time well?
 |  Greta Schulz

Is your sales manager balancing priorities properly? How do you know? Today a big question faced by most executives is, what is my sales manager doing and what should he

Read More
Other Posts
And Justice For All
 |  Frank Papandrea

By Monica St. Omer   Monica St. Omer has been working with me for eight years. She is my right-hand but so much more. She is a wonderful soul who

Read More
Keeping us connected
 |  SFBW Staff

As a company that doesn’t directly serve the general public, SBA Communications might be called the quiet giant of the South Florida business scene even thought it’s on the S&P

Read More
Lessons learned
 |  SFBW Staff

As I write this column, South Florida has yet to enter into a phase one reopening, lagging the rest of the state. I hope readers and their businesses are negotiating

Read More
The Unseen Enemy
 |  SFBW Staff

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text] As I wrote my column in March for the April issue, the COVID-19 virus was just starting to wreak havoc in

Read More

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.