Ryder adds six new East Coast locations with acquisition
Ryder has completed the acquisition of Efficiency Enterprises, with locations in Florida, New York, Maryland and Delaware. Also...
Ryder System (CCJ Top 250, No. 7) has completed the acquisition of Efficiency Enterprises, a regional provider of fleet management, maintenance, and leasing solutions for trucks, trailers, and material handling equipment.
The acquisition adds six new locations in Orlando, Tampa, and Fort Myers, Florida; Astoria, New York; Baltimore, Maryland; and Middletown, Delaware, to Ryder’s fleet services network. In addition, the acquisition will bring approximately 50 technicians and a fleet of roughly 1,200 units into Ryder’s operations.
The Efficiency Enterprises fleet includes more than 900 power and trailer units and over 200 material handling equipment units.
“With Efficiency Enterprises’ experienced workforce, established customer relationships, and strong maintenance and rental operations, we are expanding our ability to support fleets operating in high‑demand logistics markets,” said Tom Havens, president of Fleet Management Solutions for Ryder. “We are pleased to welcome a talented team whose commitment to customers aligns with Ryder’s values and service standards.”
This story was originally published by CCJ. Read the full story at CCJ →
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