---
schema_version: "secwatch.filing_event.v1"
accession: "0000085961-21-000239"
form_type: "8-K"
ticker: "R"
cik: "0000085961"
company_name: "RYDER SYSTEM INC"
filed_at: "2021-12-13T23:59:59+00:00"
generated_at: "2026-06-28T01:54:51.077126+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ryder to acquire Whiplash for $480M in cash to expand e-commerce fulfillment

## Summary
- $480M cash purchase price, subject to customary adjustments for cash, debt, and working capital.
- Expected close late December 2021 or early January 2022, pending HSR antitrust clearance.
- Whiplash operates 19 warehouses totaling ~7M sq ft, serving 250+ brands.
- Deal expected to add ~$480M gross revenue to Ryder's supply chain segment in 2022 and be accretive to earnings.
- Ryder plans to retain Whiplash's executive team and workforce.

## SEC filing metadata
- accession: 0000085961-21-000239
- form_type: 8-K
- ticker: R
- cik: 0000085961
- company_name: RYDER SYSTEM INC
- filed_at: 2021-12-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85961/000008596121000239/0000085961-21-000239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85961/000008596121000239/r-20211213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085961-21-000239
- JSON: https://secwatch.observer/filing/0000085961-21-000239.json
- Plain text: https://secwatch.observer/filing/0000085961-21-000239.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.