Milestone Trailer Leasing

Wall Street Journal: Swamped With Inventory, U.S. Companies Turn to ‘Mobile Storage’

U.S. companies are so inundated with inventory that some are renting truck trailers to use for storage space, parking them on warehouse lots or behind storefronts to hold goods until a surge in imports is cleared from crowded distribution hubs.

Transportation equipment lessor Milestone Equipment Holdings launched a “mobile warehousing and storage” business this year to accommodate more customers seeking trailers to hold goods, many of them pulled in from China during 2018 to get ahead of impending tariffs.

The company said Home Depot Inc. and several other major retailers and manufacturers are using the service.

“It’s like a warehouse on wheels,” said Sarah Johnson, who heads up the new mobile storage business at Milestone. “We now think about our trailers as more of a real-estate alternative than just a trailer.”

Read the full story on WSJ here.

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SOURCE: Wall Street Journal via Erica E. Phillips 

Milestone Trailer Leasing

Milestone Launches National Mobile Warehousing & Storage Product Line

ST. CHARLES, MO (December 12, 2018) – Milestone Equipment Holdings, a national leader in trailer and chassis leasing, is expanding its offerings to include a line of mobile warehousing and storage products. As the only national lessor with dedicated trailers for mobile storage applications, Milestone is positioned to be the industry leader for this kind of offering, with a fleet of 59,000+ trailers of varying specifications, sizes and vintages. This launch is the latest in Milestone’s recent expansions, which have included rapid growth of fleet size and additional locations over the past several years.

In preparation for the launch, Milestone developed a robust infrastructure that included the development of a 15-point quality inspection for the storage assets as well as operational mechanisms that can often deliver assets on site in as little as 24 to 48 hours. Milestone can also provide inexpensive trailer parking at one of its 25 branch locations across the United States if on-site storage space is a challenge.

Forward-Thinking

“We saw an opportunity to use our high-quality fleet to solve space constraints directly related to warehousing shortages and supply chain disruptions; providing expanded access and new solutions for our customers,” said Sarah Johnson, Executive Vice President of Mobile Warehousing and Storage for Milestone. “These forward- and reverse-logistic storage solutions address many of the demands driven by e-commerce, freeing up customers’ equipment. It’s exciting to be the only national single-source provider of this kind of trailer and storage network.”

The product line is comprised of trailers available for cartage, portable or fixed storage; with options that include 53’ or 48’ dry van trailers with roll-up or swing doors and air or spring ride. The services are supported by 25 branches across the country, with a team of dedicated customer service specialists. Milestone can provide flexible terms to address customers’ various volume and commitment needs. The company will also soon offer an enhanced online reservation request system and customer portal, both of which will be available in early 2019.

Opportunity

“In recent years, many companies have struggled with rapidly escalating logistics and warehousing costs, in part driven by the massive growth of e-commerce,” said Milestone CEO Don Clayton. “We worked closely with our customers to develop a product offering that delivers substantial cost savings and flexibility relative to traditional warehousing. Along with the significant investments we continue to make in late model equipment and the expansion of our branch network, we’re positioned to deliver an unparalleled range of solutions to our customers.”

For additional information about Milestone’s Mobile Warehousing & Storage solutions, contact Sarah Johnson at sarah.johnson@milecorp.com or call 636.238.8732. Customers wishing to reserve equipment for mobile storage applications may call their customer service representative or 866.706.1144, email customer.service@milecorp.com.

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About Milestone Equipment Holdings, LLC

With a combined fleet of more than 85,000 trailers, chassis and domestic containers, Milestone is one of the nation’s leading and most comprehensive transportation lessors. Founded in 1995 and Headquartered in St. Charles, MO, Milestone’s team of seasoned commercial, operational and customer support professionals provide a broad range of transportation solutions to customers, operating from 60+ locations nationwide.

For more information, please visit: https://www.milecorp.com/

Milestone Chassis - GN-TRI

Transport Topics: Milestone Chassis Expands Footprint in Western, Midwestern Markets

Transportation equipment company Milestone Chassis is looking to address nationwide chassis shortages with several service improvements and two new locations.

New Locations

Milestone has expanded offerings for the Los Angeles-Long Beach, Calif., market, including after-hours pickup (5 p.m. or later) and an increase in inventory levels for available equipment types (40-foot gooseneck, 20-foot tri-axels and 20-foot sliders).

To better serve Midwestern markets, Milestone will open locations in Cleveland and Detroit. The former has close proximity to Norfolk Southern and CSX rail ramps, the latter to Norfolk Southern, CSX, CP and CN rail ramps.

“We listened to our customers,” Milestone Executive Vice President Doug Hoehn said in a press release. “We have demonstrated our commitment to being the nation’s premiere intermodal lessor in 2018 — you can expect a continuation of these efforts in 2019. We will continue to evolve our offering in line with market needs.”

 

About Milestone: 

With a combined fleet of approximately 85,000 chassis, trailers and domestic containers – Milestone is one of the nation’s most comprehensive lessors of transportation equipment. Since 1995, we have provided asset management services, financing, maintenance and more to customers that describe us as flexible, trustworthy and customer-centric. Let us optimize your transportation needs!

 

SOURCE: Transport Topics 

Milestone Chassis & HTA

Chassis Inventory Increasing to West Coast, Midwest Locations

Chassis Shortages

To address major chassis shortages nationwide, Milestone Chassis updates and expands offerings on the West Cost and in the Midwest.

In the LA/LB market, Milestone is making the following improvements:

  • Launching after hours pickup (5pm or later)
  • Expanding inventory levels for available equipment types (which include 40’ gooseneck, 20’ tri-axels and 20’ sliders)
  • Continuing to offer HTA discounts that will apply to all after hours bookings

Milestone Chassis will also open two new locations to better serve key markets in the Midwest:

  • Cleveland:
    • Address: 300 E. 131st Street, Cleveland, OH 44108
    • Hours: 7:30am-4:30pm
    • Close proximity to Norfolk Southern & CSX rail ramps
    • Current inventory includes 6×20’ tri-axels (40’ gooseneck chassis to be added soon)
  • Detroit:
    • Address: 8501 W. Fort Street, Detroit, MI 48209
    • Hours: 7:30am-4:30pm
    • Close proximity to Norfolk Southern (onsite rail ramp), CSX, CP & CN rail ramps
    • Current inventory includes 40’ goosenecks, 20’ tri-axels & 20’ sliders

“We listened to our customers,” says Doug Hoehn, Executive Vice President, Milestone Chassis. “We have demonstrated our commitment to being the nation’s premiere intermodal lessor in 2018 – you can expect a continuation of these efforts in 2019. We will continue to evolve our offering in line with market needs.”

 

SOURCE: AJOT

Milestone Chassis & HTA

Milestone Chassis Partners with HTA to Reduce Turn Times

Problem Solvers

Truckers in Southern California who encounter an emergency requirement for a chassis, or wish to supplement their existing fleet during the peak season, can now turn to a joint pool established by the Harbor Trucking Association (HTA) and Milestone Chassis.

With chassis shortages intensifying during the peak shipping season, the HTA, with about 100 member companies in Los Angeles-Long Beach, on Oct. 4 launched its partnership with Milestone to offer members round-the-clock access to a diversified chassis fleet at their combined yard in Wilmington, California.

“It really started to hit in the last couple of weeks,” Doug Hoehn, executive vice president of Milestone, said Wednesday. Chassis shortages and dislocations occur on and off throughout the year in the largest US port complex, but they are especially prevalent during the late summer-autumn peak shipping season.

To read the rest of the story on JOC, click here.

 

SOURCE: Journal of Commerce

Milestone Trailer Leasing

Milestone Expands Its Capabilities in Growing Seattle-Tacoma Market

ST. CHARLES, MO (September 12, 2018) – Responding to growing transportation needs in the Pacific Northwest, Milestone announces its expansion in the Seattle-Tacoma region, effective immediately. In an effort to continuously expand its service offerings to both local and national clients, Milestone is opening the Seattle depot as a key strategic location to service trailer and chassis needs.

“We are excited about this expansion and look forward to delivering creative solutions and outstanding service to our customers throughout the region, while offering more comprehensive services to national accounts with West Coast fulfillment needs,” says Chuck Cannata, Executive Vice President and General Manager, Highway Division at Milestone.

The region’s economic boom and its proximity to the Port of Seattle means a tremendous need in industries including construction, manufacturing and agriculture, among others.

“Seattle is undergoing explosive growth and we want to be a part of that – the opportunities to serve this market are exciting,” says Sarah Johnson, Executive Vice President, Mobile Storage and Warehousing at Milestone. “Our Pacific Northwest customers will have access to Milestone’s nationwide network and a robust mix of 85,000+ pieces of equipment, with our focus on over-the-road needs, as well as mobile storage and chassis.”

Customers interested in accessing equipment for their transportation needs can contact Seattle-Tacoma Account Manager Todd Bring at todd.bring@milecorp.com or (206) 453-9002. For more information, visit milecorp.com/seattle.

For chassis availability at this branch and at Milestone’s existing ConGlobal facility, visit https://www.milecorp.com/chassisfinder.

Milestone Appoints Chuck Cannata, Mike Schiller & Kathy Tierney to Leadership Team

SAINT CHARLES, MO (August 21, 2018) – Milestone is pleased to announce the recent addition of three key executives to its leadership team: Chuck Cannata, Mike Schiller and Kathy Tierney. Cannata, Schiller and Tierney will report directly to Don Clayton, President and Chief Executive Officer.

Chuck Cannata

Chuck Cannata joins Milestone as Executive Vice President for the trailer leasing division, leading the nationwide branch network’s commercial activities, including sales, customer service and field operations. Chuck brings 18 years of commercial equipment finance experience to Milestone, including eight years of sales management and business development at GE Trailer Fleet Services. He is based in Kansas City, KS.

Mike Schiller

Mike Schiller joins Milestone as Senior Vice President of Operations Support, leading key functions such as real estate, vendor management and environmental health & safety. Mike brings 23 years of trailer leasing experience to Milestone, including 21 years of diverse commercial and operations experience at GE Trailer Fleet Services and two years of general management experience at Fleet Trailer Leasing. Mike will be relocating to St. Charles, MO.

Kathy Tierney

Kathy Tierney joins Milestone as Vice President of Human Resources, leading all key HR functions, including recruiting & development, employee relations, payroll & benefits and compliance. Kathy brings 40 years of HR experience to Milestone, including 20 years at First Bank and 20 years at Venture Stores. Kathy is based in St. Charles, MO.

“I am very proud of the outstanding team that we have built by promoting from within and selectively adding outside talent.” says Milestone CEO Don Clayton. “The addition of Chuck, Mike and Kathy will help us continue to grow rapidly, while driving operational excellence in their areas of responsibility. Just as importantly, these additions provide some of our other very talented leaders the bandwidth they need to drive focused strategic initiatives that will contribute to Milestone’s future success.”

Milestone Chassis - 40-GN

New vs. Refurbished Chassis: Brand New is Better for Your Bottom Line

No one wants to spend more to get less.

Unfortunately, with refurbished chassis you run the risk of older equipment failure and higher M&R costs – which can make deep cuts to your bottom line.

“You can give remanufactured equipment a paint job, put some new tires on and maybe even replace some of the mechanical things, but it’s still old – even 25, 30 years old,” says Doug Hoehn, Executive Vice President of Chassis & Managed Assets at Milestone.

M&R Cost Comparison

With a brand-new chassis, there is minimal to no M&R. When compared to new equipment, overall operating expenses for a refurbished chassis will still be higher. Over time, a new chassis is cheaper to operate because they do not have wear and tear and incur virtually no maintenance expenses.

For example, in a standard chassis pool in the Midwest, maintenance for one year for a Milestone chassis in the COCP (Chicago Ohio Pool) averaged $0.70 per day, compared to the average maintenance of the total pool at $4.44 per day.

In a standard one-year lease period, this means a Milestone chassis costs, on average, $255.50 over one year compared to an average total pool cost of $1,620.60 over the same period of time – making it over six times more expensive to lease a refurbished chassis vs. brand new.

Using a new chassis means you’ll stay on the road longer, reduce maintenance costs (and in turn reduce the amount of time a driver would have to wait for repair) and make substantial increases to your bottom line.

 

Read the Case Study – Quik Pick Express

 


 

Staying Nimble, Flexible.

Milestone’s open architecture plans are designed to meet our clients’ specific goals.

  • Customer: Quik Pick Express

Request the Case Study

New vs. Refurbished Chassis: The Advantages of Radial Tires

Truck drivers must repeatedly replace their tires, as extensive time on the road causes natural wear and tear. Selecting top quality tires, fortified with the latest technology, is key to optimizing tire mileage.

At Milestone, all of our chassis are fitted with new OEM radial tires. Advantages for the driver include:

  • Efficient fuel consumption
  • Longer tread life
  • Improved traction and flotation
  • Improved cut resistance in the tread area
  • Runs cooler than bias tires

Radial vs Bias-Ply Tires

Of the two basic types of tires – radial vs. bias ply – radial tires are far superior in terms of safety and performance. For instance, radial tires feature steel cable beading for greater strength, multiple layers of steel chords at high angle for higher stability, and single ply, steel belt casing allowing for efficient heat dissipation.

According to research, an average tire service could cost up to $1,000 with a new tire, plus three hours or more spent from breakdown to getting back on the road.

“That’s a lot of time and money lost,” says Doug Hoehn, Executive Vice President of Chassis & Managed Assets at Milestone. “And not to mention a frustrated driver and even worse – an angry customer who was expecting an on-time delivery. You’re putting your business at risk on an over-used, thin-tread tire.”

Read the Case Study – SunteckTTS

 


 

The Real Cost of Time Wasted.

When rubber meets road, new chassis outperform refurbished.

  • Customer: SunteckTTS

Request the Case Study

Volume of Milestone Chassis

Milestone Fuels Broader Push to Attract Truckers with New Chassis

As reported in JOC.com, Milestone continues to lead and invest in new chassis equipment. Milestone’s fleet expansion is the latest initiative by a chassis supplier looking to create a niche by offering new, or high-end, equipment.

 

Milestone Equipment Holdings plans to nearly double the size of its fleet of mainly new marine chassis to close to 20,000 pieces of equipment over the next 18 months, underscoring the broader effort by some providers to attract truckers and their shipping customers with better fuel mileage, less chances of shipment disruptions caused by breakdown, and reduced repairs.

The company’s fleet expansion is the latest initiative by a chassis supplier looking to create a niche by offering new, or high-end, equipment. The focus reflects, in part, a growing demand by chassis users for an alternative to what some shippers and truckers see as the failings of the nation’s aging chassis fleet, much of which is in the daily rental sector and remains from when ocean carriers began selling their fleets a decade ago.

To read the full story click here.

 

SOURCE: JOC.com