Ryder Honored at Inaugural Miami Inno Fire Awards for Its Innovative Vehicle Sharing Platform

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and fleet management solutions, announces its selection as a Miami Inno Fire Awards honoree by The South Florida Business Journal in recognition of the company’s peer-to-peer truck sharing platform, COOP by Ryder. The award recognizes startups, established companies, accelerators and community organizations who are reshaping the innovation ecosystem across the South Florida region.

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Romain Rousseau (center), vice president for COOP by Ryder accepting the Miami Inno Fire Award from Mel Mélendez, editor-in-chief for South Florida Business Journal and Cristian LaCapra, senior vice president for Northern Trust and corporate event sponsor. (Photo: Business Wire)

The program celebrates 25 of the fastest growing and impactful entrepreneurs and companies that have demonstrated a commitment to innovation within local communities. This recognition is awarded by the South Florida Business Journal based on several factors: new funding, social and community impact, product launches, company pivots, employee growth, and business expansion.

“Since our initial launch in South Florida, we’ve seen the value this platform offers our customers, whether in generating revenue needed to cover their costs on idle vehicles or for sourcing additional capacity,” says Romain Rousseau, vice president for COOP by Ryder. “COOP is part of the solution to these challenges and it’s why we continue to innovate and make updates to COOP’s vehicle-sharing services. It’s a first-of-its-kind digital marketplace and we’re very proud to support hundreds of businesses in Ryder’s home state of Florida.”

COOP by Ryder is the largest commercial vehicle sharing platform, connecting fleet owners with idle vehicles to trusted businesses in need of rental vehicles. To date, more than 14,000 businesses have joined the program, with COOP experiencing 250% year-over-year growth since its inception. In 2019, COOP expanded into the South Florida market to serve the Port of Miami, one of the largest ports in the U.S. and a hub for global commerce, as well as local businesses in need of rental vehicles. In February 2022, Ryder expanded the program across all 50 states.