Rush Enterprises, Inc. (Rush), incorporated on March 3, 1965, is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. The Company, through its Rush Truck Centers, offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. As of December 31, 2016, the Company operated 100 Rush Truck Centers in 21 states. The Company's Rush Truck Centers are located in Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Tennessee, Texas, Utah and Virginia. Its Rush Truck Leasing provides full-service maintenance on customers' vehicles at its various customers' facilities. At its Rush Truck Centers, it offers third-party financing to assist customers in purchasing new and used commercial vehicles. Additionally, the Company sells, as agent through its insurance agency, a line of property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance and credit life insurance.
The Company also operates other businesses, including Perfection Equipment, World Wide Tires, Custom Vehicle Solutions and Momentum Fuel Technologies. The Company's Perfection Equipment offers installation of equipment, equipment repair, parts installation, and paint and body repair at its location in Oklahoma City. Perfection Equipment specializes in up-fitting trucks used by oilfield service providers and other service providers. World Wide Tires stores operate in over three locations in Texas and sell tires for use on commercial vehicles. Custom Vehicle Solutions operates in over two locations in Texas and provides new vehicle pre-delivery inspections, truck modifications, natural gas fuel system installations, and body, chassis upfit and component installation. Momentum Fuel Technologies manufactures compressed natural gas fuel systems for commercial vehicles.
Commercial Vehicle Parts and Service
The Company's Rush Truck Centers carry a variety of commercial vehicle parts in inventory. Rush Truck Centers feature equipped service and body shop facilities. Each Rush Truck Center is a warranty service center for the commercial vehicle manufacturers represented at that location and are authorized service centers for other vehicle component manufacturers, including Cummins, Eaton and Allison. As of December 31, 2016, the Company had approximately 2,400 service and body shop bays throughout its Rush Truck Center network.
New Commercial Vehicle Sales
The Company's Rush Truck Centers sell new and used Class 8 heavy-duty trucks. Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, Hino, Isuzu, Ford, International or Mitsubishi Fuso and buses manufactured by Blue Bird, IC BUS or Elkhart and light-duty commercial vehicles manufactured by Ford.
Used Commercial Vehicle Sales
The Company sells used commercial vehicles at its Rush Truck Centers and dedicated used truck facilities. The Company's used commercial vehicle inventory consists of commercial vehicles taken as trade-ins from new truck customers or retired from its lease and rental fleet.
New and Used Commercial Vehicle Financing
The Company arranges third-party financing for its product offerings. The Company provides an allowance for repossession losses and early repayment penalties.
Truck Leasing and Rental
The Company is engaged in truck leasing through PacLease and Idealease. Rented trucks are serviced at its facilities. The Company had 7,841 vehicles in its lease and rental fleet, including cranes, as of December 31, 2016.
Insurance Products
The Company sells, as agent, a line of property and casualty insurance to commercial vehicle owners. The Company's agency is licensed to sell truck liability, collision and comprehensive, workers' compensation, cargo, and credit life insurance coverage offered by insurance companies. The Company also has licensed insurance agents at Rush Truck Centers.
555 S Interstate 35
The company trades on NASDAQ exchange. The company headquarter is located in Texas, TX. The company was established in the 1965.| Ticker | RUSHA |
| Long Name | Rush Enterprises, Inc. |
| Short Name | Rush Enterprises |