Ryder Natural Gas Update September 15, 2011 WBWAO Fall Convention

2 Confidential – Not for Distribution Ryder Natural Gas Update Ryder is the Only Major Fleet Management Company to Invest The Time & $$ Into Natural Gas as an Alternative Fuel ► Cooperative project between Ryder, SANBAG, Department of Energy, and California Energy Commission.  This project called for: ‐ The delivery of more than 200 natural gas powered commercial vehicles. ‐ The creation of a natural gas maintenance infrastructure in Southern California leveraging 3 of Ryder’s existing full service maintenance facilities.

3 Confidential – Not for Distribution Natural Gas Advantages & Hurdles Financial Advantages: Lower your fuel costs by up to 42 percent¹ Optimize your fleet and improve your operational efficiency Reduce costs and improve your level of profit Use a domestic source of energy that contributes to energy independence Tap into an alternative fuels infrastructure without the cost or complexity Bring greater total cost efficiencies to your fleet 1. Source: U.S. Energy Information Administration Annual Energy Outlook 2010,

4 Confidential – Not for Distribution Natural Gas Advantages & Hurdles Environmental Advantages: Implement alternative fuels solutions that contribute to a clean energy future Drive cleaner and reduce your fleet's carbon footprint by up to 25 percent¹ Flexibly convert your fleet to green when you're ready Rent or lease green vehicles - without the added costs or risks of ownership Invest in a long-term domestic energy source that's abundant and available now 1. Source: U.S. Environmental Protection Agency fact sheet: “Clean Alternative Fuels: Compressed Natural Gas”,

5 Confidential – Not for Distribution Natural Gas Advantages & Hurdles Long Term Certainty: Tap into an alternative fuels infrastructure without the cost or complexity Power vehicles with a long-term domestic energy source that's abundant and available now Capitalize on an energy source that's 98 percent produced in North America¹ Count on a supply projected to last a century or more² Bring much-needed energy security and independence to the commercial transportation sector which consumes nearly 40 percent of oil³ 1. Source: Clean Energy web site: 2. Source: American Gas Association report: "U.S. Natural Gas Supply: Then There Was Abundance" 3. Source: U.S. Energy Information Administration Annual Energy Review 2009, page 38:

6 Confidential – Not for Distribution Hurdles: NG Business Partner/Expertise Few places to fuel Few shops for maintenance/repair Expensive up-front costs Smaller radius of operation (~ 325 miles) Natural Gas Advantages & Hurdles

7 Confidential – Not for Distribution Ryder Natural Gas Update Natural Gas for the Commercial Transportation Market ► On-vehicle storage configurations

8 Confidential – Not for Distribution Ryder Natural Gas Update Other Markets/Customer Opportunities  Northern California  Michigan – in process (Livonia and Grand Rapids)  Arizona (in process- Tucson)  Pennsylvania – major legislation pending  Texas (the Texas Triangle legislation), becomes law in Sept 2011  Louisiana - active state incentives in place  Georgia  Canada  Ohio ? This is customer/prospect driven….

Current Ohio Maintenance Infrastructure

Current Ohio NG Fueling Infrastructure

Other Market Opportunities – Ohio ?

Insanity “Doing the same thing over and over again and expecting to a different outcome.” Last But Not Least….. Please see me, Paul Schelly, after this session if you’d like some more information on Ryder’s NG initiatives. Thank You, WBWAO !