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Ryder Acquires New York Truck Leasing Company

March 8, 2005

MIAMI -- Ryder System has bought 4 G's Truck Renting Co., a privately owned truck leasing and rental company in Brooklyn, N.Y. The buy includes about 400 vehicles and 100 customers, according to the South Florida Business Journal. Ryder did not say how much it paid for 4 G's or whether it will keep its employees. Louis Silverman, 4 G's owner, did not mention price or employment, either. He did say Ryder will be able to provide his customers new resources and increased product offerings, including insurance.
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