The deal is expected to close in late January. Financial terms were not disclosed.
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| Swienton |
In the agreement, Ryder will acquire Scully's fleet management business consisting of about 2,100 lease units and rental vehicles, and about 200 contract customers served from six facilities. These locations include Fontana, Sacramento, City of Industry, Montebello, and Hayward in California and Phoenix.
Ryder also obtains Scully's contract carriage business, including customers served from 20 locations throughout the western United States.
