Ryder Acquires Georgia’s Truck Service Depot
Mobile Maintenance Specialist to Expand Torque by Ryder Operations
Key Takeaways:
- Ryder System said Jan. 6 it acquired Atlanta-based mobile truck and trailer maintenance provider Truck Service Depot for an undisclosed price.
- The deal expands Ryder’s Torque by Ryder mobile maintenance business, adding more than 20 technicians and two Georgia locations to reduce fleet downtime in a weak freight market.
- Ryder said the acquisition supports its broader Southeast expansion as it integrates the business and evaluates wider use of real-time roadside assistance technology.
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Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.
Acquiring Atlanta-based Truck Service Depot is intended to strengthen and expand Ryder’s Torque by Ryder retail mobile maintenance business.
Minimizing downtime at the side of the road or on the back of a tow truck is a key cost metric for fleets — especially in a weak freight market — including through mobile repairs, transport-as-a-service options and truck maker remote software updates.
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Truck Service Depot employs more than 20 technicians and operates two locations: a 10-bay drive-through maintenance facility in Atlanta and a service center in Savannah, Ga.
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Scott Marshall, who founded Truck Service Depot in 2018, will work closely with Ryder during the company’s integration into the larger organization.
“I chose Ryder to continue the legacy of best-in-class mobile maintenance services because of their commitment to innovation, customer service and employee growth,” Marshall said. “I am confident that Ryder is the ideal home for our employees and customers moving forward.”
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“With Truck Service Depot’s strong presence in Georgia and complementary mobile maintenance services in a growth market for Ryder, we are enhancing our ability to further offer flexible, rapid maintenance solutions to fleets across this growing freight corridor,” added Tom Havens, president of Ryder’s fleet management solutions division.
Miami-based Ryder’s fleet management solutions unit includes its ChoiceLease, rental and used vehicle sales operations. ChoiceLease is the company’s leasing program.
Torque by Ryder retail mobile maintenance services are available across 28 states: Alabama, Arizona, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin.
Acquiring Truck Service Depot is part of Ryder’s ongoing expansion of services in the Southeast.
In December, Ryder opened a 20,000-square-foot rental and maintenance facility in McDonough, Ga. The location on the south side of the metropolitan Atlanta area affords proximity to Hartsfield-Jackson Atlanta International Airport and a growing inland port.
Ryder opened a 7,000-square-foot rental and maintenance facility in Lebanon, Tenn., in October about 20 miles east of Nashville.
Also, Ryder began using real-time commercial fleet roadside assistance technology across Florida in June.
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Ryder, which ranks No. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America and No. 7 on the TT Top 100 logistics companies list, was the first major customer of Coral Springs, Fla., software company Tow4Tech.
Tow4Tech’s platform connects fleet managers and service centers with towing and roadside providers using real-time geolocation, automated dispatching and digital job tracking.
“Ryder is working closely with Tow4Tech in the Florida market to optimize workflows and assess performance. We’ll continue to evaluate options for a broader rollout based on the performance outcomes we’re seeing,” a Ryder spokesperson said Jan. 6.
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