"Our new alliance with Budget Truck Rental reflects the growth potential of one-way truck rental as a significant channel for customer acquisition and greater brand awareness," said Ronald L. Havner Jr., chief executive officer and president of Public Storage.
Glendale, Calif.-based Public Storage, a member of the S&P 500 and the Forbes Global 2000, is a real estate investment trust that primarily acquires, develops, owns and operates storage facilities. The company owns more than 2,000 facilities in 38 states and an additional 168 facilities in Europe. For more information, visit www.publicstorage.com.
Budget features a fleet of approximately 30,000 vehicles with an average vehicle age of approximately 28 months, making it one of the youngest fleets in the truck-rental industry. The company operates through a network of more than 2,700 corporate-owned, dealer and franchised locations throughout the United States, serving the residential and light-commercial sectors. It offers cargo vans and 10-, 15- and 24-foot trucks equipped with ramps or lift gates. For more information, visit www.budgettruck.com.