Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service

Acquisition Builds Out Torque by Ryder Business Launched in July 2023

Torque by Ryder
Ryder’s acquisition of Pit Stop will expand its mobile maintenance business. (Business Wire)
 

Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.

The deal is to expand Ryder’s mobile maintenance business, building upon the foundations laid with the launch of Torque by Ryder in July 2023.

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