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Directly adds assets, locations, and labor to scale service capacity; positive longer-term revenue potential, offset by integration costs and lack of disclosed price.
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Ryder System announced the completion of its acquisition of Efficiency Enterprises, expanding its fleet management, maintenance, and leasing capabilities. The deal adds six locations across Florida, New York, Maryland, and Delaware and brings roughly 50 technicians to support expanded service capacity. The move should strengthen Ryder's after-market revenue opportunities and regional service footprint.
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