Leading Chassis Providers Announce "Pool of Pools", Operations commence March 1, 2015

CHARLOTTE, N.C., Feb. 27, 2015 /PRNewswire/ -- Direct ChassisLink, Inc. ("DCLI"), Flexi-Van Leasing, Inc. ("FVLI") and TRAC Intermodal ("TRAC") are pleased to announce that, commencing on March 1, 2015, a new chassis provisioning model will begin operations in the Ports of Los Angeles and Long Beach.  

On this date, chassis pools managed by DCLI and FVLI – the DCLI or DCLP chassis pool (the "DCLP"), the Grand Alliance Chassis Pool (the "GACP") and the Los Angeles Basin Pool (the "LABP") – which supply chassis for the transportation of marine containers between ports, rail yards and cargo destinations in the LA/Long Beach port complex (including over 30,000 TRAC-contributed chassis in the GACP and LABP), will begin operating under a new agreement that will allow unprecedented chassis interoperability for all chassis contributed to such pools. 

This "Pool of Pools," as it has been dubbed by intermodal industry observers, will provide access to chassis for the containerized cargo supply chain spanning twelve (12) major marine terminals and a network of rail yards, container yards and other locations in the greater port complex.   The new agreement will allow users of the DCLP, GACP or LABP to interchange chassis of the other pools, making over 80,000 total chassis "gray" from the perspective of supply chain stakeholders. 

The chassis providers will continue to manage their respective pools, independently establish their proprietary rates for daily chassis usage, and continue to compete openly with each other for customers.  The participating pool managers will monitor usage of the fleet and cooperate on the positioning of chassis across the complex, and will utilize a third party service provider to facilitate operation of the concept.  This third party service provider will audit cross-pool chassis usage to allow the pools to compensate one another for such usage on a regular basis, and assist in preventing the exchange of competitively sensitive information between the pools and chassis providers.    

Interoperability of chassis across the terminal complex should reduce time spent in travel to pick up or return chassis, improving motor carrier productivity that will also benefit the steamship lines and beneficial cargo owners utilizing the ports.   Marine terminal operators will no longer be required to segregate chassis from the participating pools which, along with greater utilization efficiencies, should free up valuable terminal real estate in the crowded port area.  The general public and the environment should also see the benefits of this program, in the form of decreased fuel usage, reduced engine emissions and less port congestion as the transportation of containers entering and exiting the ports becomes more efficient.

More information about the Pool of Pools will be announced by the chassis provides in the coming days.  In the meantime, please contact your chassis provider if you have questions. 

About Direct ChassisLink, Inc.
Charlotte, NC based DCLI, one of the Littlejohn & Co., LLC group of companies, is one of the largest chassis providers in North America.  DCLI provides chassis to motor carriers, shipping lines, and BCO's throughout the United States with locations on or near key port facilities and other intermodal hubs. 

About Flexi-Van Leasing, Inc.
Flexi-Van Leasing, Inc. is a privately held Chassis Leasing Company based in Kenilworth New Jersey. Flexi-Van's product line includes long and short term chassis leasing, chassis pool management services and dedicated fleet management services to motor carriers, BCO's, ocean carriers and the rail industry throughout North America.

About TRAC Intermodal
TRAC Intermodal is North America's largest chassis pool management company and leading provider of marine and domestic chassis. The company has more than $1.4 billion in assets and offers daily chassis rentals and term leases.  TRAC Intermodal's fleet consists of approximately 272,000 chassis and has a broad operating footprint with 630 marine, 167 domestic and 59 depot locations.

For further information contact:
Direct ChassisLink Inc.
3525 Whitehall Park Drive
Charlotte, NC 28273
www.dcli.com
Contact: Patrick Valentine
[email protected]
704 594 3759

Flexi-Van Leasing, Inc.
251 Monroe Avenue
Kenilworth, NJ 07033
Tel: (908) 276-8000
Fax: (908) 276-7666
Contact: Sales  [email protected]

Trac Intermodal
Trac Intermodal
211 College Road East
Princeton, NJ  08540
Contact:David Hamm
1 609 986 0260
[email protected]

SOURCE Direct ChassisLink

Related Links

http://www.dcli.com