XTRA Lease

Type Private
Founded 1992
Headquarters St. Louis, United States
Key people William H. Franz, President and CEO
Website 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.[1] Currently, the company has approximately 80 branch locations in the United States, Canada and Mexico (Now Just United States and Canada). 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.[2] The company rents and leases a fleet of 125,000 trailers, including variable length dry vans, flatbeds, reefers and storage trailers.[3]

The Canadian division of XTRA Lease, XTRA Canada, has five locations that serve the provinces of New Brunswick, Ontario and Quebec.
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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.[4] 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. [5]