M&A Deal Summary

Ryder System Acquires CRSA Logistics

On December 23, 2008, Ryder System acquired transportation company CRSA Logistics

Acquisition Highlights
  • This is Ryder System’s 11th transaction in the Transportation sector.
  • This is Ryder System’s 3rd transaction in Canada.
  • This is Ryder System’s 2nd transaction in British Columbia.

M&A Deal Summary
Date 2008-12-23
Target CRSA Logistics
Sector Transportation
Buyer(s) Ryder System
Deal Type Add-on Acquisition

Target

CRSA Logistics

Port Coquitlam, British Columbia, Canada
CRSA Logistics Ltd. is a provider of end-to-end logistics visibility, program management and vendor coordination for the members of the Canadian Retail Shippers' Association (CRSA).

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Buyer(S) 1

Buyer

Ryder System

Coral Gables, Florida, United States
Category Company
Founded 1933
Sector Transportation
Employees47,500
Revenue 11.8B USD (2023)
DESCRIPTION
Entrance to Ryder System's corporate headquarters in Miami, Florida.
Entrance to Ryder System's corporate headquarters in Miami, Florida.

Ryder System is a provider of commercial fleet management and supply chain solutions. Ryder operates in two business segments: Fleet Management Solutions (FMS), which provides full-service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; and Supply Chain Solutions (SCS), which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. The SCS segment also provides dedicated services, which includes vehicles and drivers as part of a dedicated transportation solution in the U.S. Ryder's customers range from small businesses to large international enterprises. Ryder System was founded in 1933 and is based in Coral Gables, Florida.

DEAL STATS #
Overall 11 of 27
Sector (Transportation) 11 of 19
Type (Add-on Acquisition) 10 of 25
State (British Columbia) 2 of 2
Country (Canada) 3 of 3
Year (2008) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-23 Transpacific Container Terminal

Port Coquitlam, British Columbia, Canada

Transpacific Container Terminal Ltd. is a provider of drayage, transloading, import deconsolidation, export consolidation, warehousing, intermodal, and other 3PL services in Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-02 Edart Leasing

Hartford, Connecticut, United States

Edart Leasing LLC is an independent full service truck leasing, commercial truck rental and contract maintenance company.

Buy -
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