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Ryder (R) to Gain From Pit Stop Acquisition: Here's How

Jul 16, 2024, 3:33 PM EDT1 sourcesAI-analyzed

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Ryder System, Inc. acquires Pit Stop Fleet Service to enhance growth of retail mobile maintenance business. Deal expected to add $24 million in gross revenues to Ryder's business in 2025. Acquisition to expand Ryder's retail mobile maintenance business geographically in 20 states.

  • Ryder System, Inc. acquires Pit Stop Fleet Service to enhance growth of retail mobile maintenance business.
  • Deal expected to add $24 million in gross revenues to Ryder's business in 2025.
  • Acquisition to expand Ryder's retail mobile maintenance business geographically in 20 states.

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