Ryder System is buying Strathroy, ON-based Pollock NationaLease, one of Canada’s largest privately owned full-service truck leasing companies.
Ryder Canada, the company’s Canadian division, will acquire Pollock’s fleet of more than 2,000 vehicles and over 187 contract customers served by its facilities in Ontario – which include Sarnia, Windsor, London, Baden, and Milton – as well as its operation in Moncton, New Brunswick.
Ryder said the combined network will operate under the Ryder name, complementing Ryder Canada’s market coverage and service network.
"Pollock NationaLease is a well known and respected name in Canada’s transportation industry with an outstanding reputation of delivering high levels of customer service,” said Greg Swienton, Ryder chairman & CEO “This acquisition allows us to expand our Canadian network, establish a footprint in the Milton area of Greater Toronto, and continue to build on the strong foundation of quality service and best practices to further our value to customers of both companies.”
Swienton said the deal should be finalized by October.
