Milestone Trailer Leasing

Short & Long Term Trailer Leasing

No “Gotcha” Moments

Short & Long Term Trailer Leasing 

Transparency and fairness are of utmost importance to us, especially when it comes to developing customized short and long term trailer leasing strategies to fit your specific needs. Milestone Trailer Leasing works diligently to providing you the best equipment in the industry.

 

Our long-term solutions mean driving down monthly costs and locking down your equipment. Short-term options feature flexible terms. While it’s common in the industry for trailer leasing companies to hit up their customers with additional costs – like damage maintenance fees and turn-in charges – this is unacceptable to us.

 

Milestone Trailer Leasing - Jeff Alpert“There are no gotcha moments with us – something our competitors are notorious for,” says Jeff Alpert, President of Milestone Trailer Leasing. “Our leasing options are structured around our customer, not the other way around. We will do everything we can to meet their needs.”

 

 

 

Our short and long term lease plans help you optimize your fleet usage. Advantages of leasing with Milestone include maintaining a stable and consistent operating budget, optimizing cash flow, fleet balance (as a Milestone Trailer Leasing customer, you gain priority access status if and when you need to rent trailers on a temporary basis), minimizing risk (protects against market uncertainty) and reducing your maintenance and overhead costs.

 

Milestone Trailer Leasing - Sarah Johnson“The overall goal for us is to foster open communications with our customers,” says Sarah Johnson, Executive Vice President of Branch Operations. “We structure our leases around our customer to meet their needs.”

 

Flexibility

Enrollment in our Loss Damage Waiver (LDW) program is a cost-effective and simple alternative to providing the normal physical damage insurance with your trailer rental. Benefits include:

  • Savings by eliminating insurance premium payments (and no cash outlays while settling with the insurance company on claims)
  • Savings because claims reported under LDW do not impact your claims history or insurance premiums
  • Save time by eliminating the need to schedule rental equipment
  • Save time by letting Milestone handle all the paperwork and coordinate repairs
Milestone Trailer Leasing - Sarah Johnson

Meet Sarah Johnson

Milestone Trailer Leasing - Sarah JohnsonSarah Johnson, Executive Vice President of Branch Operations at Milestone Trailer Leasing, is driven to come to work to make sure her team is successful. “I love what I do,” she says. “I love to help them win. It’s very rewarding.” Johnson discusses how Milestone Trailer Leasing goes above and beyond when it comes to customer service, what the future holds for the company, and her biggest a-ha moment.

 

 

 

Milestone Background

Tell us about the transition from Personal Attention Leasing (PAL) to Milestone Trailer Leasing?

It’s always been about focusing on the customer service aspect. We have trailers and our competitors have trailers, but what’s the differentiating factor? For us, it’s about how we better partner with our customers. That gets back to this idea of creativity and flexibility. For me it’s fun to do some creative problem solving; I like innovating in an industry that doesn’t often require innovation. That was the whole foundation of PAL, it was about being flexible. It started out as a local, then regional and now we’re at a national level.

A Day in the Life

Tell us about your role as Executive Vice President of Branch Operations at Milestone Trailer Leasing. What does a typical day look like?

My day is focused around supporting branch operations in 25+ locations across the US. This could be through structuring deals for customers, sourcing equipment, and general problem solving. It’s about being in constant communication. Setting up calls every day to review pricing and quantity of trailers; fleshing out details; arming the operations team with data to go out and execute with customers. I spend a lot of time traveling, meeting customers, evaluating the sales approach, helping them to understand their markets, and ultimately evaluating how we can be more successful. That success then drives the metrics, utilization, and overall profitability of the business which is the most important for everyone!

What accomplishments are you most proud of?

I’ve been in the industry a long time in a variety of functions. I’ve loved getting out over the past couple of years and building that customer rapport and getting on the frontline and watching those relationships grow. It’s very rewarding. It’s easy to sit behind a computer or on the phone and ask the team to do something, but getting out and doing it with them gives me firsthand knowledge of the interactions and how to help them through day to day issues.

Biggest a-ha moment?

Our most successful sales people have a strong rapport with their customers. They take their time to get to know their customer and build trust. They become a partner and not just a vendor. It’s not just about closing the sale, but having the rapport so that when the customer has a problem, they will pick up the phone and give us the chance to help them.

Providing a Great Experience

What’s the key to unparalleled customer service?

It’s finding employees who are driven to work hard and who are going to be of service. If the team is dedicated to building a successful business that translates into making sure the business is building strong customer relationships. You also have to be good at negotiating with customers; doing what’s in the best interest of Milestone while retaining the customer relationship. Therein lies the art.

What is key to a strong team?

There are many elements that make a strong team. A few worth noting are respect for one another, communication and having positive attitudes. We also have to collectively celebrate the wins (recognize failures) and respect each other’s roles on the team.

Challenges & Predicting the Future

What’s the biggest challenge facing your industry today?

Driver shortage and accessibility to drivers. In addition to new regulations with ELD (electronic logging device), the third thing is the shift to online retail. It’s changing the shape of transportation and who’s participating. It’s in its infancy, so there are a lot of efficiencies to be made on that front.

What does the future hold for Milestone Trailer Leasing? What things are you excited about?

Continuing to identify gaps in the industry then where and how to fill them. Thinking outside the box when it comes to industry-wide solutions, as well as continuing to develop a strong team. Nothing is stagnate and we have to be ready to evolve. What’s next? It’s exciting to think about.

What keeps you up at night?

I worry about if I was supposed to call someone back and didn’t because the day got away from me or if I need to get an answer to someone so I’m not holding them up. I worry about the overall health of the business and if we’re doing all we can to make it successful. The other thing is making sure I’m delivering the message and everyone is on board and we’re pushing in the same direction. We use the analogy about rowing a boat, and how we need everyone rowing in the same direction. It affects the team if someone is rowing the other way.

Why Milestone?

What is a great story about Milestone Trailer Leasing that you love to share?

We’re pushing on bigger accounts where we haven’t been able to before. We are partnering with bigger companies in a bigger way. It’s been organic growth; everyone pitches in to make it work and it’s rewarding.

What is a great customer story that you love to share about MTL?

There was a target account in Atlanta our sales rep was working on for over a year. For a year, she listened to me say, “Why aren’t we in there?” A year spent calling on them, working through several contacts and really cultivating a relationship with them. Today they have over 100 trailers with us. It speaks to the sales rep’s perseverance and drive to win. I love it!

Milestone Equipment Holdings Promotes Don Clayton to Chief Executive Officer

ST. CHARLES, MO (July 11, 2017) – Milestone is proud to announce that Don Clayton has been promoted to the role of President and Chief Executive Officer, and appointed to the Board of Directors. Clayton joined Milestone in August 2016 as Vice President and Chief Financial Officer. Previously, Don served on the executive team of nationwide industrial distributor HD Supply Waterworks for 11 years, including eight years as Chief Financial Officer. He also served in the financial services practice of global professional services firm PwC for seven years.

“We are very pleased that Don will lead the Milestone organization into the future,” says Tom Juterbock, who represents Barings Alternative Investments on the Milestone Board of Directors. “Since joining Milestone, Don has worked closely with management and the Board to develop and execute the company’s strategic plan, while driving numerous initiatives that will allow the company to capitalize on future growth opportunities.”

“I am honored to continue serving Milestone in this new role,” says Clayton. “The transportation industry is constantly changing and Milestone is positioned to serve the market very effectively with our wide range of products, expert solutions and world-class customer service. We are driven to grow our business by making our customers more successful, while serving as an employer of choice in our industry. It is an exciting time to be part of the Milestone organization.”

 

About Milestone Equipment Holdings, LLC

Milestone is a full-service transportation equipment leasing and asset management company specializing in motor carrier equipment and rail industry intermodal assets including: Chassis, Domestic Containers, Flatbed Trailers, Highway Trailers, Intermodal Trailers (Piggybacks), and Refrigerated Containers and Trailers.

Headquartered in St. Charles, MO with regional offices in Chicago, IL and Kansas City, MO plus our nationwide branch network, Milestone has acquired intermodal and highway fleets for our operations since 1995, while managing and leasing equipment on behalf of institutional and private investors. Customers include Class I Railroads, Truckload Carriers, Less-Than-Truckload Carriers, Drayage Companies, Intermodal Marketing Companies, 3PL’s, Private Shippers, Barge Operators, and Shipping Lines. The Milestone fleet allows all of these industry segments to maximize equipment utilization and transportation efficiency without the burden of owning their own equipment.

Our management services include the origination and administration of leases, arranging debt and equity financing, operating and maintaining equipment in daily rental service, and administrating the returns of equipment portfolios.