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Ryder acquires Dallas-based independent truck repair facility

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Ryder acquires Dallas-based independent truck repair facility

Ryder System Inc. on Sept. 29 acquired all outstanding equity of Dallas Service Center Inc., a Dallas-based independent truck repair facility.

Ryder intends to operate the business under the name Ryder Dallas Service Center, and retain the facility's existing workforce of approximately 50 employees.

Ryder expects the transaction to be nominally accretive to earnings in 2017, and projects additional earnings in future years.