Announced

Ryder System to acquire Pit Stop Fleet Service.

Synopsis

Ryder System, a supply chain, dedicated transportation, and fleet management solutions company, agreed to acquire Pit Stop Fleet Service, a provider of retail mobile commercial fleet maintenance, including battery, tire and transmission repairs, preventative maintenance, and breakdown assistance. Financial terms were not disclosed. “With our complementary retail mobile maintenance fleet services across diverse industries and markets, we now have even greater economies of scale and offer unparalleled flexibility for fleets requiring swift maintenance services,” Tom Havens, Ryder System President.

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