TIP swoops for Ryder’s trailer leasing and maintenance business


 

TIP Trailer Services has struck a deal with Ryder to acquire the trailer leasing and maintenance business, which will save 133 jobs. Agreed for an undisclosed sum, the deal means TIP will add around 3,550 trailers and a workshop in Lichfield, as well as two ‘parking locations’ in Shepshed and Manchester, to its portfolio. Michael Furnival, TIP vice president for the UK and Ireland region, said both companies would now work on the fleet integration to manage a smooth transition […]