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January 24, 2019 4:45 PM, EST

Ryder Expands Truck-Sharing Platform to South Florida

Coop open on cellphone Ryder System Inc.

Ryder System Inc. announced it has expanded its digital truck-sharing platform, Coop by Ryder, to South Florida. It enables businesses to rent commercial vehicles from each other.

The company expects to expand Coop throughout Florida before the end of the year.

Seasonality spikes in the South Florida area, especially around flower and tourism season, contribute to a need for available box trucks, semi-trucks, trailers and refrigerated vehicles in the region, according to Miami-based Ryder.

The service began in Atlanta in March 2018 and has been used by 300 businesses, according to the company. Replacement vehicle coverage and advanced user ratings were added to the platform since its launch. In early 2019, lenders also will be able to set their own prices and access revenue summary analytics. Additionally, a mobile application will be available for Android and iOS users in 2019.

Ryder provides commercial truck rental, truck leasing, used trucks for sale and last-mile delivery services. Ryder Supply Chain Solutions ranks No. 12 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. — Transport Topics