30 Mar '18, 8am

Ryder launches peer-to-peer digital platform for commercial vehicle sharing

Ryder System, Inc., a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has launched of COOP by Ryder, a new asset sharing platform and the first of its kind for commercial vehicles. The digital platform offers businesses the opportunity to list and rent underutilized commercial vehicles within a network of trusted peers. There are more than eight million commercial vehicles on US roads today, and according to Ryder telematics data, approximately 25% regularly sit idle for more than one day a week, excluding weekends. COOP will allow fleet owners to generate revenue from these underutilized vehicles. A 26-foot straight truck traveling 100 miles per day, for example, can generate lenders up to $3,300 per month. In addition, COOP will provide a new source of rental vehicles for businesses seeking additional capacity. COOP launched a...

Full article: http://www.greencarcongress.com/2018/03/20180330-ryder.html

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