Private equity creates 55,000-unit trailer leasing portfolio
I Squared Capital has cobbled together a national portfolio of trailer lessors through M&A representing 55,000 units.
I Squared Capital has cobbled together a national portfolio of trailer lessors through M&A representing 55,000 units.
Freight brokers can “increase their capacity by managing their own dedicated pool of leased trailers,” said Graham Gonzales, vice president of strategic accounts at Reliance Partners. Reliance is America’s fastest growing and most diverse insurance brokerage with a sole focus on the transportation space, specializing in annual and usage-based solutions.
Trailers being used as storage at Amazon facility adding to the problem, according to OIG.
Raja Narayanan joins industry disrupter “at this pivotal time where the world is adapting to the new normal.”
Recent market volatility could prompt carriers to choose leasing over buying as they build their fleets back up to meet rebounding demand.