Core Insights - Ryder System, Inc. has completed the acquisition of Truck Service Depot on January 5, 2026, with financial terms undisclosed [1] Group 1: Acquisition Details - Truck Service Depot is a mobile maintenance business servicing commercial trucks and trailers in Georgia, operating two locations with over 20 technicians [2] - The integration of Truck Service Depot's employees, assets, and operations into Ryder's Torque by Ryder mobile maintenance business is planned throughout 2026 [3] Group 2: Strategic Benefits - The acquisition is expected to strengthen Ryder's Torque by Ryder business across Georgia, expanding services to 27 states and a variety of vehicle types [4] - Truck Service Depot's established presence in Georgia enhances Ryder's support capabilities in high-velocity freight corridors, aligning with Ryder's Southeast expansion strategy [5][6] - Ryder's president of Fleet Management Solutions emphasized the importance of this acquisition in providing flexible maintenance solutions in a growing market [7]
Ryder Welcomes New Year With Truck Service Depot Acquisition