LEASING

➤ LEASing partners

Star Leasing Company, a leading provider of trailer leasing and maintenance services and a portfolio company of I Squared Capital, has signed an agreement to combine with Commercial Trailer Leasing (CTL), a full-service trailer lessor with a fleet size of over 19,000 assets serving both national and regional account customers throughout the United States. In conjunction with Star Leasing’s recent combination with North East Trailer Services (NETS), a leading trailer lessor with a fleet of over 10,000 trailers, the combined company will be one of the largest trailer lessors in the United States. The combined fleet size will be approximately 55,000 trailers by year-end with branches in the Northeast, Midwest, Southeastern, and Western regions of the U.S. The combined companies provide a full-suite of services including rentals, maintenance, trailer sales and integrated leasing to its customers, predominantly under long-term contracts.

STAR LEASING

Headquartered in Columbus, Ohio, Star Leasing employs over 350 people across 13 locations in the Midwest and Southeastern parts of the United States. The company operates approximately 24,000 trailers in its fleet. Star’s overall objective is to serve as the “One Solution” for customers’ semi-trailer needs, whether that be for rental, leasing, maintenance, and repair. Star’s current resources for serving customers’ maintenance needs includes a total of 57 service bays across its current branch shop locations, in addition to a fleet of 54 mobile service trucks for on-site maintenance—all staffed with well-trained certified mechanics. Star also provides over-the-road breakdown services via its own in-house SBS (Star Breakdown Service) department, staffed 24/7/365 by highly trained Star employees.

Commercial Trailer Leasing

Founded in 1964, Commercial Trailer Leasing, Inc. is a full-service trailer lessor, providing the most reliable and quality leasing and service programs throughout the nation. Led by both the Eisen and Gottsegen families, CTL is headquartered in Roseland, NJ and currently employs over 100 people across 11 locations in the Northeast, Midwest, Southern, and Western parts of the United States. The company’s fleet is domiciled throughout the country and is comprised of mainly dry vans and refrigerated trailers. CTL’s suite of services include 24/7 emergency roadside assistance, fleet tracking and refrigeration telematics.

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➤ TRAILER STYLES