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Consolidation: DCLI to purchase TRAC Intermodal's domestic chassis fleet
来源：shippingazette.com 编辑：编辑部 发布：2017/11/03 10:24:06
CHARLOTTE, NC's Direct ChassisLink Inc (DCLI) is to acquire TRAC Intermodal's fleet of 72,000 53-foot chassis and its customer contracts with railways and marine carriers throughout the US.
"New customers will benefit from enhanced technology and an expanded footprint across the marine and domestic intermodal industries," said DCLI chief executive Bill Shea.
"Our existing customers will continue to receive the same high degree of customer service they have come to expect. We look forward to closing the deal and beginning the integration process," he said.
The transaction is expected to close in January 2018, subject to customary closing conditions. Financial terms of the transaction were not disclosed, reported the American Journal of Transportation.
As a result, DCLI will own, lease, or manage 136,000 marine chassis, as well as 80,000 domestic chassis, for a total fleet of 216,000.
In addition, through its REZ-1 asset management platform, the company manages over 86,000 domestic intermodal containers for third parties.
DCLI is also entering into a Transition Services Agreement with TRAC for certain back-office functions until a complete system migration is accomplished, ensuring a seamless transition and uninterrupted service for customers.
"Post-integration, customers will benefit from a new single source for intermodal marine and domestic chassis leasing services over an expanded national footprint encompassing all major ports and railway terminals," said the DCLI statement.
These services will be managed by REZ-1 asset management platform, which already trades in both the domestic and marine markets.
"The acquisition of TRAC's domestic business accelerates our vision to create the leading intermodal asset leasing, management, and services platform for the transportation and logistics industries," said Mr Shea.
"New customers will benefit from enhanced technology and an expanded footprint across the marine and domestic intermodal industries," said DCLI chief executive Bill Shea.
"Our existing customers will continue to receive the same high degree of customer service they have come to expect. We look forward to closing the deal and beginning the integration process," he said.
The transaction is expected to close in January 2018, subject to customary closing conditions. Financial terms of the transaction were not disclosed, reported the American Journal of Transportation.
As a result, DCLI will own, lease, or manage 136,000 marine chassis, as well as 80,000 domestic chassis, for a total fleet of 216,000.
In addition, through its REZ-1 asset management platform, the company manages over 86,000 domestic intermodal containers for third parties.
DCLI is also entering into a Transition Services Agreement with TRAC for certain back-office functions until a complete system migration is accomplished, ensuring a seamless transition and uninterrupted service for customers.
"Post-integration, customers will benefit from a new single source for intermodal marine and domestic chassis leasing services over an expanded national footprint encompassing all major ports and railway terminals," said the DCLI statement.
These services will be managed by REZ-1 asset management platform, which already trades in both the domestic and marine markets.
"The acquisition of TRAC's domestic business accelerates our vision to create the leading intermodal asset leasing, management, and services platform for the transportation and logistics industries," said Mr Shea.