History
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 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation.
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.
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.
Read more about this topic: Budget Truck Rental
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