Rush Enterprises | |
Type: | Public |
Traded As: | NASDAQ: (Class A) NASDAQ: (Class B) Russell 2000 Component (RUSHA, RUSHB) S&P 600 Component (RUSHA) |
Industry: | Automotive, Truck Dealerships |
Foundation: | 1965 |
Founder: | W. Marvin Rush |
Location: | New Braunfels, TX, USA |
Area Served: | USA and Canada |
Key People: | W.M. "Rusty" Rush-PresidentJames C. Underwood-DirectorThomas A. Akin-DirectorRaymond J. Chess-DirectorDr. Kennon Guglielmo-DirectorWilliam H. Cary-Director |
Products: | Trucks |
Revenue: | US$ 4.727 billion (2017) [1] |
Operating Income: | $ 172.1 million (2017) |
Net Income: | $ 105.8 million (2017) |
Assets: | $ 2.890 billion (2017) |
Equity: | $ 1.040 billion (2017) |
Num Employees: | 7,244[2] |
Num Employees Year: | 2017 |
Homepage: | rushenterprises.com |
Rush Enterprises, headquartered in New Braunfels, Texas, is an international retailer of commercial vehicles, primarily new and used trucks, through its Rush Truck Centers. In 2019, the company operated over 200 Rush Truck Centers in 20 states as well as 14 locations in Canada. As of 2020, it was a Fortune 500 corporation.[2]
Rush Truck Centers operates the largest network of commercial vehicle dealerships in the United States, with more than 200 locations in 22 states;[3] as of 2019 the company became international after opening 14 locations in Canada.[4] They represent truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, IC Bus and Blue Bird.
The company was founded in 1965 by W. Marvin Rush, who remained chairman of the board until 2013, when he was succeeded by his son W.M. "Rusty" Rush.[5] The company began as a dealership for Peterbilt trucks, but expanded greatly in the intervening years through acquisition of dealerships.
Major acquisitions include:
30-Sep-13 | Transauthority | |
28-Oct-13 | Prairie International Trucks | |
1-Jul-14 | Truck Parts Depot | |
3-Nov-14 | House of Trucks | |
8-Dec-14 | North Florida Truck Parts | |
9-Feb-15 | Effingham Truck Sales | |
4-May-15 | Yancey Truck Centers | |
27-Jul-15 | Dallas Truck Center | |
28-Sep-15 | Peterbilt of Las Vegas | |
27-May-16 | Transwest Truck Center Las Vegas | |
13-Dec-22 | Summit Truck Group |