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Budget Truck Rental

From Wikipedia, the free encyclopedia

Budget Truck Rental
Subsidiary
IndustryAutomotive
Founded1998
Headquarters6 Sylvan Way [1], ,
United States
Key people
Ronald L. Nelson, CEO and chairman
ProductsRental trucks
RevenueApproximately $374 million [3]
Number of employees
Approximately 1,100
ParentAvis Budget Group
Websitebudgettruck.com

Budget Truck Rental, LLC is the second largest truck rental company in the continental United States, with around 2,800 locations and 32,000 trucks across the country. Budget Truck Rental is owned and operated by Avis Budget Group, which was spun off from Cendant.

Budget Truck Rental has contracts with Ford, GMC, Navistar International and Isuzu to make their rental trucks.[citation needed]

Like other truck rental companies, Budget Truck sells customers moving supplies to help people move house. [4] They have trucks 10-feet, 12-feet, 16-feet, and 24-feet in length.[5][permanent dead link]

History

Two Budget rental trucks parked in Durham, North Carolina.
Two Budget rental trucks parked in Durham, North Carolina.

Rental Truck Group was formed in June 1998 when Budget Group Incorporated bought Ryder TRS, Inc., and they joined together to form Budget Truck Group. In 2002 Ryder TRS was integrated with Budget Truck Rental, removing Ryder branding from locations and trucks.

In the 2000 US Presidential Election, a Budget Truck Rental vehicle was used to deliver the deciding ballots from Palm Beach, Florida to Tallahassee, Florida. Budget Truck sold the truck that was used, donating US$67,100 to the American Red Cross from its sale. [6]

In November 2002 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation.[7]

In September 2006 Budget Rent a Car, Avis Rent a Car, and Budget Truck Rental were spun off by Cendant as a separate company, Avis Budget Group. In 2007, its headquarters was transferred to Morris County, New Jersey.[2]

References

  1. ^ "Budget Truck Rental". Budget Truck Rental.
  2. ^ a b "Budget Truck Rental Restructures, Will Close Denver H.Q." Auto Rental News. 26 October 2006. Retrieved 6 May 2013.
  3. ^ Historical Operating and Financial Segment Information F
  4. ^ "Budget Truck Rental". Budget Truck Rental.
  5. ^ [1]
  6. ^ "Budget Truck Rental". web.archive.org. January 8, 2007. Archived from the original on January 8, 2007.
  7. ^ "Budget Truck Rental Discounts - Hotels Etc". web.archive.org. April 26, 2013. Archived from the original on April 26, 2013.

External links

This page was last edited on 1 May 2020, at 05:56
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