WASHINGTON (dpa-AFX) - Ryder System (R) has entered into a definitive
agreement to acquire Pit Stop Fleet Service. Based in Venice, Fla., Pit Stop
offers retail mobile commercial fleet maintenance, including battery, tire and
transmission repairs, preventative maintenance, and breakdown assistance.
Financial terms of the deal were not disclosed. Ryder will fully integrate Pit
Stop employees, assets, and operations. Ron and Connie Perry, who co-founded Pit
Stop, will help support the integration into Ryder.

The company said the transaction is expected to add approximately $24 million in
gross revenue to Ryder's Torque by Ryder business in 2025 and provide
incremental growth to earnings.



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