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October 16, 2017 6:15 PM, EDT
Ryder Completes Purchase of Dallas Service Center Inc.
Ryder Service Center Ryder System Inc.

Ryder System Inc. announced it completed the acquisition of all outstanding equity of Dallas Service Center Inc., an independent truck repair facility located in Dallas.

The location consists of a 5.87 acre property and 34,000 square feet of facilities, including 31 commercial vehicle maintenance bays, two paint booths and two wash bays.

Ryder Supply Chain Solutions ranks No. 13 on the Transport Topics Top 100 list of the largest for-hire carriers in North America.

Ryder intends to operate the business under the name Ryder Dallas Service Center.

“We will operate the business as a key part of our West region, expanding the capacity of our existing maintenance network while adding new services in the area of body repair work,”Dennis Cooke, Ryder president of Global Fleet Management Solutions, said in a statement.

The acquisition is expected to be nominally accretive to earnings in 2017.