Ryder expands across US east coast

Ryder System has completed its acquisition of Efficiency Enterprises, a regional provider of fleet management, maintenance and leasing services, strengthening its presence across what is describes as key East Coast logistics markets in the US. 

Ryder expands its East Coast fleet network with the acquisition of Efficiency Enterprises.

The acquisition, completed 1 November 1, adds six locations in Florida, New York, Maryland and Delaware. It also brings around 50 technicians and a fleet of 1,200 units, including trucks, trailers and material handling equipment.

“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,” said Tom Havens, president of Fleet Management Solutions for Ryder. 

Founded in 1978 in Astoria, New York, Efficiency Enterprises has grown into an established regional provider of fleet services, building strong customer relationships across the Eastern United States. Efficiency Enterprises’ operations will be integrated into Ryder’s network throughout 2026.

The acquisition strengthens Ryder’s maintenance, rental and leasing capabilities in major freight and distribution corridors, supporting customers operating in high-demand transportation markets. It is expected to contribute approximately $50 million in gross revenue to Ryder’s Fleet Management Solutions business in 2027, alongside incremental earnings growth.