Budget History
In 1998, Budget Group, Inc. acquired Ryder TRS, Inc. and combines it with Budget Truck Rental to form the Budget Truck Group in June. Ryder TRS, Inc. was officially integrated with Budget Truck Rental, under one brand name, during the first quarter of 2002.
In 2002 Budget enters into a definitive agreement to sell substantially all of its car and truck operations to Cendant Corporation. On November 22, the sale to Cendant is complete and in 2003 20,000 former Ryder trucks are re-designed and introduced into the rental fleet with new Budget logos.
In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. Through this separation, Budget Truck Rental is part of Budget Rent A Car System Inc., which is a wholly owned subsidiary of Avis Budget Group.
Budget Truck publishes a new comprehensive guide to do-it-yourself moving, available free at any Budget Truck Rental location. If you are looking for Ryder Systems, please visit their site at www.ryder.com.
Viewed: 24400 times Created on: 7/21/2014 Modified on: 1/20/2021