AKRON, Ohio, May 8, 2020 /PRNewswire/ -- Ryder System, Inc.
(NYSE: R) today announced that Goodyear (NASDAQ: GT) will
become the preferred supplier of tires, retreads and tire
management solutions to its vast network of fleet customers across
the United States and Canada beginning January 1, 2021.
This new partnership between Ryder, a leader in commercial fleet
management, dedicated transportation and supply chain solutions,
and Goodyear, one of the world's largest tire makers, brings two
transportation companies together to build on their shared goal of
providing fleets with the products, technology and service needed
to optimize time on the road.
"Tires are one of the most critical and costly maintenance
investments for us, and the decision to change supplier brands was
not taken lightly," said Tom Havens,
senior vice president and global chief of operations of Ryder's
Fleet Management Solutions business. "We have chosen to partner
with Goodyear for its reliable products, vast service network,
commitment to innovation, technological advancements in new tire
products and the many shared values that exist between our two
companies."
With Ryder's nearly 800 service and maintenance locations across
the U.S. and Canada, complemented
by Goodyear's Commercial Tire & Service network of 2,300
locations, this new business agreement will position both companies
to better serve Ryder's customers.
"We are thrilled to have the opportunity to serve Ryder and its
fleet customers," said Dave Beasley,
vice president of Commercial for Goodyear North America. "One of
the most exciting benefits of this new partnership is the ability
for our two organizations to work together to advance the
development of new tires, tire management technologies and
solutions to help reduce Ryder's customers' downtime through
improved cost-per-mile performance."
To ensure a smooth transition, Ryder and Goodyear are working
together to fully implement the new relationship in January 2021.
About The Goodyear Tire & Rubber Company
Goodyear
is one of the world's largest tire companies. It employs about
63,000 people and manufactures its products in 47 facilities in 21
countries around the world. Its two Innovation Centers in
Akron, Ohio, and Colmar-Berg,
Luxembourg, strive to develop
state-of-the-art products and services that set the technology and
performance standard for the industry. For more information about
Goodyear and its products, go to
www.goodyear.com/corporate.
About Ryder System, Inc.
Ryder is a Fortune 500®
commercial fleet management, dedicated transportation, and supply
chain solutions company. 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 commercial truck rental,
truck leasing, used trucks for sale, and last mile delivery
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, and most
recently as one of "America's Most Responsible Companies" by
Newsweek. 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 www.ryder.com or our
newsroom, and follow us on Facebook, LinkedIn, and Twitter.
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SOURCE The Goodyear Tire & Rubber Company