XTRA Lease

XTRA Lease

Infobox_Company
company_name = XTRA Lease
company_
company_type = Private
foundation = 1992
location_city = St. Louis
location_country = United States
key_people = William H. Franz, President and CEO
homepage = http://www.xtralease.com

XTRA Lease, headquartered in St. Louis, Missouri, is a trailer leasing company formed in 1992 through the mergers of Strick Lease and AJF Leasing. It is one of the largest over-the-road trailer leasing and rental companies in North America. [ [http://www.redorbit.com/news/technology/48805/ecredit_and_the_credit_exchange_announce_strategic_alliance/XTRA Lease] , by eCredit, accessed on 19 December 2007.] Currently, the company has approximately 80 branch locations in the United States, Canada and Mexico. In September 2001, XTRA Lease became part of the Berkshire Hathaway group of companies, headed by Warren Buffett. As of 2007, the company employs around 600 people. [ [http://www.xtralease.com/About/Profile.asp Company Profile] , by XTRA Lease, accessed on 19 December 2007.] The company rents and leases a fleet of 125,000 trailers, including variable length dry vans, flatbeds, reefers and storage trailers. [ [http://www.qualcomm.com/press/releases/2007/070312_xtra_lease_adds.html Press Center] , by Qualcomm, accessed on 19 December 2007.]

The Canadian division of XTRA Lease, XTRA Canada, has five locations that serve the provinces of New Brunswick, Ontario and Quebec.

Services

Alongside leasing and rentals, XTRA Lease is also in the business of selling its used trailers and equipment at many of its branch locations. [ [http://www.xtralease.com/About/XTRAFaq.asp FAQ] , by XTRA Lease, accessed on 19 December 2007.] In addition, a 24 hour emergency road side assistance, created in 1990 and known as RoadWatch, is also provided by the lessor. Other services provided include XTRA Xpress, which was created in 2004 with the aim of improving service to rental customers by reducing transaction time. [ [http://www.xtralease.com/WebDocuments/PreviewFileDoc.aspx?cdid=333000109 The Source] , by XTRA Xpress, accessed on 19 December 2007.]

Competitors

Penske Truck Leasing

UniGroup

Ryder

PacLease

Idealease

Edart

References


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