DUBLIN, Ohio--(BUSINESS WIRE)--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).
“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.