Star Leasing Company, Commercial Trailer Leasing, Inc., Cooling Concepts, and North East Trailer Services Leasing Become TEN (Transportation Equipment Network)
July 01 2024 - 8:00AM
Business Wire
With their new name, the companies unify under
one identity: TEN (Transportation Equipment Network)
Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.),
Cooling Concepts, and NETS Leasing (North East Trailer Services),
portfolio companies of I Squared Capital, announced today the
completion of their name change to TEN
(Transportation Equipment Network).
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240701347508/en/
TEN offers full-service trailer solutions
that keep businesses moving forward. (Graphic: Business Wire)
“Bringing these great companies together under one name is just
the beginning. The large-scale infrastructure & technological
capabilities will allow TEN to continue to be an innovator in the
industry,” says Scott Nelson, President. “We are excited about the
future and our combined ability to provide employees, customers,
and suppliers with a platform unlike any other.”
Equipped with decades of knowledge and experience, an incredible
customer track record, and a sharp perspective on the future of the
industry, TEN offers full-service trailer solutions to keep
customers’ businesses moving forward. TEN provides support well
beyond leasing including, but not limited to, semi-trailer
maintenance, advanced technological solutions, fleet consultation
services and innovative electrification offerings across numerous
industry verticals.
Continuing to expand on its refrigerated fleet offerings, TEN’s
dedicated refrigeration sub-brand launched as TEN Cool. Supported
by an experienced team of dedicated specialists, the TEN Cool team
are architects in temperature-controlled solutions and offers
tailored service capabilities for customers throughout the United
States & Canada.
“The establishment of our dedicated pure-play refrigerated
platform, TEN Cool, is a substantial and significant step in our
focus to provide tailored customer solutions to mission critical
fleets. TEN Cool’s North American refrigerated fleet size is now
more than 8,000 pieces of equipment and is backed by one of the
largest service networks in the industry,” says Corey Eisen, Vice
President of Refrigeration. “We are going to continue investing
heavily to drive a superior customer experience and maintain a
technologically advanced fleet of best in-class
temperature-controlled equipment.”
About TEN (Transportation Equipment Network)
TEN (Transportation Equipment Network) is the largest
full-service trailer lessor in North America. In April 2024, TEN
announced the acquisition of TIP Canada, the Canadian subsidiary of
Europe-based TIP Group.
With approximately 80,000 trailers, 1,000 employees, 240 service
bays, 118 mobile service trucks, 430 mechanics, and locations
across the United States and Canada, TEN is equipped to seamlessly
serve customers across North America. TEN provides full-service
leasing as well as maintenance, advanced technological solutions,
consultation services, and other innovative offerings across
numerous industry verticals. Learn more at TENLeasing.com.
TIP Canada will be rebranded as TEN (Transportation Equipment
Network) in the second half of the 2024 calendar year.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701347508/en/
TEN (Transportation Equipment Network) Melanie March
(614) 809-1200 Melanie.March@TENLeasing.com