June 23, 2008 1:30 PM, EDT

Ryder Offers New GPS Tool

Ryder System

Ryder System is offering its customers a new high-tech tool to help its customers save fuel, the Miami Herald reported Monday.

The RydeSmart product enables customers to instantly track the fuel consumption, idle time, speed and other vital statistics of every truck in their fleets, the paper said.

Managers can monitor truck speeds and can turn off ignitions after a preset number of minutes idling, while the technology also can be programmed to alert managers to patterns of sudden speed changes, the Herald said.

RydeSmart uses Global Positioning System device, enabling fleet managers to see, in real time, the location and if repairs are needed, the paper said.

Wireless business services giant Qualcomm sells a similar service directly to trucking companies, the paper said.

Ryder is ranked No. 5 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.