Golden Eagle Distributors, Inc. Receives First Compressed Natural Gas Vehicle from Ryder

Golden Eagle has begun taking delivery of the compressed natural gas-powered trucks it has leased from Ryder for its fleet.

TUCSON, Ariz.–(BUSINESS WIRE)–Golden Eagle Distributors, Inc. hosted a green ribbon cutting ceremony yesterday to celebrate the arrival of their first Compressed Natural Gas (CNG) fleet vehicle. Golden Eagle, in partnership with Ryder System, Inc. (NYSE: R), is converting its entire heavy duty fleet in Tucson to Compressed Natural Gas vehicles by the end of 2011. Ryder executives, including Bobby Stewart, Vice President of National Sales, presented the vehicle to Golden Eagle executives including Christopher Clements, CEO, and Kimberly Clements, President.

“We are always looking for ways to reduce our carbon footprint, and with diesel fuel prices continuing to rise, the timing was right to convert our Tucson fleet to natural gas vehicles”

To support distribution operations in Tucson, AZ, Golden Eagle Distributors, Inc., a Ryder full service lease customer for 40 years, has agreed to lease 23 CNG vehicles. Through this effort, Golden Eagle will be converting its entire 23 vehicle delivery fleet in Tucson to CNG vehicles by the end of 2011. The vehicles are part of a strategic alternative fuel program at Golden Eagle focused on reducing transportation-generated emissions and reducing fuel costs.

CNG vehicles produce 95% less particulate matter, 80% less nitrogen oxide, and provide a reduction of 23% in greenhouse gas emissions when compared to diesel engines, according to the U.S. Department of Energy. “We are always looking for ways to reduce our carbon footprint, and with diesel fuel prices continuing to rise, the timing was right to convert our Tucson fleet to natural gas vehicles,” said Christopher Clements, CEO, Golden Eagle Distributors, Inc.

“We could not have implemented this project without Ryder. Ryder has been our strategic transportation partner for 40 years. We rely on their expertise when it comes to evaluating new technologies, such as alternative fuels. Ryder has helped us find an alternative fuel that is not only cleaner and better for the environment, but we also expect to see real fuel cost savings over time. Our trust from working with Ryder for 40 years ensures us that the CNG vehicles will meet the needs of our drivers and the loads we carry daily,” continued Christopher Clements.

Long-time Golden Eagle employee Kevin Murray added, “This truck drives great. It has just as much power as our current diesel trucks and is much better for our environment. I am proud that Golden Eagle has made the move to CNG vehicles.”

Ryder Logo Black-Red lg .jpg

Ryder Logo Black-Red lg .jpg

“We are proud to be such a long-standing partner and thank Golden Eagle for trusting us with their business for 40 years,” said Robert Sanchez, President of Global Fleet Management Solutions for Ryder. “We are committed to continuing to provide Golden Eagle with innovative transportation solutions, such as natural gas vehicles, which not only help them achieve their sustainability goals, but also enable them to realize meaningful cost-saving and efficiency benefits.”

The Tucson fleet conversion is the first part of a bigger CNG plan that Golden Eagle is embarking on over the next several years. Over time,