Ryder completes acquisition of Efficiency Enterprises
Bitget2026/11/02 17:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Ryder completed its acquisition of fleet services provider Efficiency Enterprises on November 1, 2026, expanding its East Coast network.
- The deal is expected to add approximately $50 million in gross revenue to the fleet management business in 2027, supporting earnings growth.
- Six locations across Florida, New York, Maryland and Delaware strengthen coverage in key freight markets.
- The acquisition brings approximately 50 technicians and roughly 1,200 fleet units into operations.
- Integration of Efficiency Enterprises’ assets and operations is scheduled throughout 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryder System Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261103373781) on November 02, 2026, and is solely responsible for the information contained therein.
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