MIAMI—Ryder System Inc. has designated Goodyear as its preferred supplier of tires, retreads and tire management solutions for the roughly 290,000 vehicles it operates throughout the U.S. and Canada, starting Jan. 1, 2021.
The partnership, which could be worth tens of millions of dollars for Goodyear. The deal will replace a 30-year relationship Ryder had with Bridgestone Americas Inc., who continues as Ryder's preferred supplier in markets outside of North America.
Goodyear said Ryder is evaluating the option of designating Goodyear to support its operations in Mexico and the United Kingdom, as well.
"Tires are one of the most critical and costly maintenance investments for us, and the decision to change supplier brands was not taken lightly," Tom Havens, senior vice president and global chief of operations of Ryder's Fleet Management Solutions business, said.
"We have chosen to partner with Goodyear for its reliable products, vast service network, commitment to innovation, technological advancements in new tire products and the many shared values that exist between our two companies."