Budget Truck Rental

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Budget Truck Rental
Type Subsidiary
Industry Automotive
Founded 1998
Headquarters

Parsippany, NJ 07054, United States of America

6 Sylvan Way [1]
Key people Ronald L. Nelson, CEO and chairman
Products Rental trucks
Revenue Approximately $4.784 billion [2]
Employees Approximately 1,100
Parent Avis Budget Group
Website http://www.budgettruck.com

Budget Truck Rental, LLC is the second largest truck rental company in the continental United States of America with around 2,800 businesses and 32,000 trucks across the country. Budget Truck Rental was voted the best place to work in 2004 by the Denver Regional Council of Governments.

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.

Like other truck rental companies, Budget Truck will provide residential customers with moving supplies and tips to help people move house. Unlike other truck rental companies, reservations do not guarantee truck availability on the scheduled pick-up day.[3] They have trucks 10-feet, 12-feet, 16-feet, and 24-feet in length. [4]

[edit] History

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. Then in 2002 Ryder TRS is integrated with Budget Truck Rental, officially. All Ryder TRS signs are then replaced with new signs promoting Budget also the yellow Ryder trucks are replaced with new blue trucks to reflect the colors of Budget.

On November 22[year needed] Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation.[citation needed]

In the US election held in 2000, Budget Truck Rental was used to deliver the ballots from Palm Beach, Florida to Tallahassee, Florida. This was the decider for the election. Budget Truck then decided to sell the truck that was used, donating US$67,100 to the American Red Cross through its sale. [5]

Jerald Riordan was announced the president of Budget Truck Rental in March, 2003.

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.

[edit] External links

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