TR Group
{{Short description|New Zealand transportation company}}
{{Use New Zealand English|date=November 2024}}
{{Infobox company
| name = TR Group Limited
| type = Private
| industry = Rentals
| founded = {{Start date and age|1992}} in Auckland, New Zealand.
| founder = Andrew Carpenter, Ron Carpenter
| services = {{nowrap|Fleet management}}
{{nowrap|Truck and trailer rental}}
{{nowrap|Driver training}}
{{nowrap|Used Vehicle Sales}}
| num_employees = 275
| num_employees_year = 2023
| locations = 17 (New Zealand and Australia) (2024)
| website = {{URL|trgroup.co.nz}}
}}
TR Group Limited is a New Zealand vehicle finance and vehicle rental company specialising in heavy trucks and trailers. Headquartered in Auckland, it has branches across New Zealand and Australia. It provides rental vehicles, leasing and driver training. The company is privately held, but has significant investment from Fisher Funds,{{cite web|url=https://fisherfunds.co.nz/news-and-insights/spotlight-on-tr-group|title=Spotlight on TR Group}} Direct Capital, NZ Super Fund and Te Pūia Tāpapa.{{cite news|url=https://www.directcapital.co.nz/news/2020/7/6/tr-group-focuses-on-expansion-with-new-investors|title=TR Group focuses on expansion with new investors|date=July 7, 2020}}
History
TR Group Ltd was formed as Trailer Rentals Ltd in 1992 with the purchase of the CHEP trailer fleet in New Zealand. Since then, the company has grown both organically and by acquisition, initially purchasing Truck Rental from Esanda Fleetpartners in 1998 (110 trucks) and combining operations to form TR Group Ltd. Orix Truck Rentals was acquired in 2007 using related shell company Elite Truck Rentals Ltd.{{cite web|url=https://comcom.govt.nz/news-and-media/media-releases/archive/elite-truck-rentals-limited-cleared-to-acquire-orix-truck-rentals|title=Elite Truck Rentals Limited cleared to acquire ORIX Truck Rentals|date=March 5, 2007|publisher=Commerce Commission New Zealand}}
= Driver training =
To provide training services, Master Drive Services was acquired in 2015{{cite news|url=https://www.nztrucking.co.nz/business-update-master-drive-now-master-class/|title=Master Drive now Master Class|publisher=New Zealand Trucking|date=December 5, 2018}} (eventually rebranded to TR Driver Training){{cite web|url=https://www.trdrivertraining.co.nz/|title=TR Driver Training}} and DT Driver Training in 2018.{{cite news|url=https://www.forkliftaction.com/news/newsdisplay.aspx?nwid=21276|title=TR Group acquires DT Driver Training|date=December 13, 2018}}{{cite web|url=https://www.drivingtests.co.nz|title=DT Driver Training}}
TR Driver Training focuses on heavy vehicle class licensing, endorsements and other heavy vehicle training.
=Sponsorship and community=
NZ Truck Driving Championships 2022{{cite web|url=https://www.nztruckingassn.co.nz/driving-championships|title=TR Group NZ Truck Driving Championships}}.
Variety the Children's Charity NSW ACT Variety B to B Bash 2024{{cite web|url=https://www.trgroup.co.nz/sustainability/environmental-social-governance/variety-the-childrens-charity/|title=Variety the Children's Charity NSW ACT Variety B to B Bash 2024}}.
TMC Trailers Trucking Industry Show 2025{{cite web|url=https://www.nztruckingassn.co.nz/trucking-industry-show-2|title=Trucking Relay competition by TR Group}}.
= Australia =
Expansion into Australia was initiated with the purchase of Semi Skel Hire Pty in 2019 (1100 trailers){{cite news|url=https://nztruckanddriver.co.nz/nz-truck-and-driver-news/august-2019-tr-group-buys-into-aussie|title=TR Group buys into Aussie}} and, in 2023, both Perth-based Axle Hire (250 vehicles){{cite web|url=https://www.nztrucking.co.nz/tr-group-enters-western-australia-with-new-acquisition/|title=TR Group enters Western Australia with new acquisition|date=9 December 2022 }} and Adelaide-based Southern Cross Rentals (130 trailers){{cite web|url=https://www.trgroup.co.nz/blog/posts/2023/august/tr-group-acquires-southern-cross-rentals-in-adelaide/|title=TR Group acquires Southern Cross Rentals in Adelaide}}
Alternative fuels
TR Group has invested heavily in alternative fuel trucks, being the first in the Southern Hemisphere to offer rental electric heavy trucks and hydrogen-fuelled trucks{{cite web|url=https://www.hiringa.co.nz/post/tr-group-hiringa-announce-partnership-to-jointly-introduce-heavy-fuel-cell-electric-trucks-into-nz|title=TR Group & Hiringa announce partnership to jointly introduce heavy fuel cell electric trucks into NZ|date=8 July 2020 }} via its leasing options.
References
{{Reflist}}
External links
- {{Official website|https://www.trgroup.co.nz}}
{{Vehicle rental brands}}
{{Authority control}}