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The pick-up and drop-off locations can be either restricted to traditional rental stations, or can be anywhere within an operational area in what is called free-floating carsharing. [1] One-way carsharing is generally more expensive to run than traditional round-trip carsharing, due to the need for rebalancing the fleet after rentals. [2]
U-Haul Holding Company is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, [1] that has been in operation since 1945. The company was founded by Leonard Shoen and Anna Mary Carty in Ridgefield, Washington, who began it in a garage owned by Carty's family, and expanded it through franchising with gas stations.
Two Budget rental trucks parked in Durham, North Carolina. 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. [4]
Penske rents commercial semi-trucks, straight trucks and semi-trailers to businesses that haul freight. Its truck rental fleet has more than 85,000 units. In addition, the business unit also rents trucks ranging from 12 feet in length to 26 feet in length to consumers for do-it-yourself moves that are either local moves or one-way moves.
GM purchased the rest of Yellow Truck and Coach Manufacturing Company in 1943. [11] [13] Under the ownership of General Motors, the company released the first rental car charge card in 1926, opened its first rental car location at Chicago's Midway Airport in 1932, and introduced the first one-way rental plan in 1933.
A Ryder truck was used in the Oklahoma City Bombing on April 19, 1995. [10] In 1996, Ryder decided to focus on commercial truck rental and leasing, and exited the "one-way" consumer truck rental business; which was purchased by equity firm Questor Partners Fund LP, who later sold it to Budget Truck Rental in June 1998. [11] [12]
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