Ryder System, Inc., a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today the expansion of its peer-to-peer truck sharing platform, COOP by Ryder®, to Orlando, Fla. The first-of-its-kind digital platform allows fleet owners to generate revenue by simply renting their idle commercial vehicles to other businesses, providing a new source of rental trucks and trailers to a network of carefully vetted companies, large and small. First launched in 2018, the asset-sharing platform is available throughout Georgia and across parts of Florida.

“Hundreds of businesses have already generated revenue through COOP by sharing their commercial vehicles on the platform,” said Rich Mohr, Chief Technology Officer, Fleet Management Solutions, Ryder. “COOP aims to bring the same model to Central Florida by giving Orlando, a bustling tourist destination with an abundance of food, beverage, and production companies, the same opportunity to generate revenue from idle equipment.”

One COOP customer, Bowman Trailer Leasing, is successfully leveraging COOP in the Orlando market to share its vehicles with other business owners. “Through the COOP platform, our business has already been able to garner thousands of dollars of incremental rental revenue during the slower summer months,” said Leonardo D’Agostini, Business Development, Bowman Trailer Leasing. “The COOP platform really shows how the transportation industry is evolving and how Ryder is committed to using innovation to support large and small businesses like ours.”

Businesses interested in joining the program can connect with a COOP expert on COOP.com