According to DC Velocity, Ryder System Inc. has completed its acquisition of Efficiency Enterprises, a regional provider of fleet management, maintenance, and leasing solutions for trucks, trailers, and material handling equipment.
Six new locations extend East Coast network
The transaction adds six new locations to Ryder’s fleet services network, spanning Florida, New York, Maryland, and Delaware. The sites are in Orlando, Tampa, and Fort Myers, Florida; Astoria, New York; Baltimore, Maryland; and Middletown, Delaware.
Ryder says the six markets represent strategically important freight and distribution hubs across the Eastern United States. Central Florida continues to experience growth driven by distribution, e-commerce, and food and beverage logistics, while Astoria provides access to dense urban delivery and last-mile operations across New York City.
Baltimore serves as a major gateway for port-related freight and manufacturing activity, according to the company, and Middletown sits within a key Mid-Atlantic distribution corridor connecting major East Coast markets.
Roughly 50 technicians and 1,200 units join operations
The acquisition brings approximately 50 technicians and a fleet of roughly 1,200 units into Ryder’s operations. The Efficiency Enterprises fleet includes more than 900 power and trailer units and over 200 material handling equipment units.
Ryder says the deal expands its ability to support customers with integrated fleet management, maintenance, and transportation solutions. Terms of the transaction were not disclosed.
The acquisition was announced on Nov 04, 2026, and closed with the six locations folded into Ryder’s existing fleet services footprint.
Executive: workforce and customer relationships drive expansion
Ryder framed the deal around Efficiency Enterprises’ established maintenance and rental operations in high-demand logistics markets.
“With Efficiency Enterprises’ experienced workforce, established customer relationships, and strong maintenance and rental operations, we are expanding our ability to support fleets operating in high-demand logistics markets.” â Tom Havens, president of Fleet Management Solutions for Ryder
Havens leads Fleet Management Solutions, the Ryder business unit that absorbs the acquired locations and workforce. The unit now covers the six additional markets across the Eastern U.S.
Source: DC Velocity
Compiled from international media by the SCI.AI editorial team.
