TRAC Intermodal is North America's leading marine chassis pool manager and equipment provider, playing a pivotal role in the intermodal transportation sector by facilitating the efficient movement of shipping containers between various transport modes.
Company Overview
Founded in 1968, TRAC Intermodal has established itself as a cornerstone of the U.S. intermodal supply chain. The company offers marine chassis at port and inland terminals, enabling seamless container movement between vessels, railroads, and final destinations. With an asset base of approximately 185,000 marine chassis and an extensive network of over 600 locations across the United States, TRAC is the largest marine chassis provider in North America.
Market Position and Investments
Over the past decade, TRAC has invested more than $1 billion in fleet modernization, adding tens of thousands of new chassis and refurbishing existing equipment to meet evolving customer needs. This substantial investment underscores the company's commitment to maintaining a modern and reliable fleet.
Recent Achievements
In 2024, TRAC Intermodal was recognized as the Best Overall Chassis Provider at the Port of New York and New Jersey by the Association of Bi-State Motor Carriers. This accolade marks the fifth time in nine years that TRAC has received this honor, highlighting its consistent excellence in service and equipment quality.
Additionally, TRAC was named a "2024 Top Company for Women to Work for in Transportation" by Redefining the Road magazine, reflecting its commitment to fostering an inclusive and supportive workplace environment.
Competitive Landscape
TRAC Intermodal operates in a competitive market alongside key players such as FlexiVan Leasing, Direct ChassisLink (DCLI), and Consolidated Chassis Management (CCM). FlexiVan, founded in 1955, specializes in intermodal chassis leasing services. DCLI, established in 2009, provides marine and domestic container chassis. CCM, founded in 2005, offers professional services in the intermodal sector.
Strategic Initiatives
To address challenges in chassis supply and meet increasing demand, TRAC has focused on fleet modernization. The company has refurbished existing equipment and introduced new chassis models, such as the BlueEdge chassis, featuring LED lights and OEM tires, enhancing reliability and performance.
Furthermore, TRAC has embraced technological advancements, including artificial intelligence, to improve service offerings and manage operating costs. The RoadStar AI project, completed in February 2023, enhances real-time customer access to emergency road services and online chassis booking, demonstrating TRAC's commitment to innovation.
Sustainability Efforts
TRAC Intermodal has implemented a zero-waste strategy focused on refurbishing and greening its chassis fleets. The company recycles chassis metal and has a tire retreading program that recycles over 100,000 tires annually, resulting in 70% fewer emissions compared to producing new tires.
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