don clayton

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/

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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 visit milecorp.com/seattle.

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

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Milestone Appoints Chuck Cannata & Kathy Tierney to Leadership Team

SAINT CHARLES, MO (August 21, 2018) – Milestone is pleased to announce the recent addition of two key executives to its leadership team: Chuck Cannata and Kathy Tierney. Cannata 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.

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.”

in Chassis / Companies / Intermodal / People / Press Releases / Trailer Leasing / Uncategorized

Milestone Trailer Leasing Continues to Invest in Modern Equipment, Adds 1,500 Trailers to Expansive National Fleet

St. Charles, MO (June 6, 2018) – In a continued effort to expand its offering of personalized solutions for customers, Milestone Trailer Leasing has acquired leases for 1,575 dry vans from Heartland Express of North Liberty, Iowa. This move will add additional trailers – manufactured between 2014 and 2017 – equipped with tracking, tire inflation systems and lift pads to Milestone’s already expansive fleet spanning 25 markets.

“Milestone’s depth of industry experience, flexible deal structuring, lender relationships and nationwide branch network uniquely positions the company to craft and execute on this type of transaction,” says Don Clayton, Milestone President and CEO.

New Equipment, More Opportunity

The Milestone – Heartland deal provides Heartland the opportunity to move out of the leased late model fleet that was part of its July 2017 purchase of Interstate Distributor Company (IDC) while providing for a quick and orderly return of all 1,575 trailers to locations throughout Milestone’s nationwide branch network.  Additionally, the structure of the transaction allows Heartland to focus on the replacement of the IDC fleet with trailers made more to its specifications.

“This transaction allows Heartland to execute our financial and fleet strategies effectively and efficiently,” says Michael Gerdin, Heartland President and CEO. “Milestone’s extensive experience in large multi-location trailer fleet programs gave us confidence in working with the Milestone team.”

This announcement comes on the heels of Milestone’s expansive growth in the last three years – including the addition of $400 million of equipment. Inventory comprises of approximately 85,000 trailers, chassis, and containers provided to customers under flexible operating lease and rental structures. “The company continues to respond to customer and market demand,” says Clayton. “We are dedicated to driving results for our partners.”

 

 

About Milestone Equipment Holdings, LLC

Milestone is one of the largest and fastest growing transportation equipment leasing companies in the US, operating a diversified fleet of over 84,000 pieces of equipment including Domestic Chassis, Domestic Containers, Marine Chassis, Highway Trailers, Intermodal Trailers, Storage and Convention Trailers, Flatbed Trailers, Refrigerated Containers and Trailers, and other specialty equipment.

Headquartered in St. Charles, MO with an operational center in Chicago and 60+ commercial locations across the country, Milestone has acquired intermodal and highway fleets for our operations since 1995, while managing and leasing equipment on behalf of institutional and private investors. Our customers include trucking companies (over-the-road and LTL), third-party logistics (3PL) companies, package carriers, private shippers, railroads, steamship operators, beneficial cargo owners (BCOs), retailers, manufacturers and other companies throughout the transportation sector. 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 committed peak and surge capacity programs, complex consulting and structured deals (including sale-leaseback transactions and fleet refresh programs), maintenance and telematics consulting and services, comprehensive management of third party transportation equipment assets, and equipment acquisitions and remarketing.

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

 

 

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Press Release: Milestone Equipment Holdings Adds Don Clayton as Chief Financial Officer

ST. CHARLES, MO (September 12, 2016) – Milestone announces the addition of Don Clayton who joins the team as Executive Vice President and Chief Financial Officer. Clayton will be based in St. Charles, MO and will report directly to Jordan Ayers, President and Chief Operating Officer.

“I am very excited to join the Milestone team,” says Clayton. “The team has built an outstanding business through its customer-centric, flexible approach to leasing. We will continue to make that our core mission, while building additional processes and controls to further scale the business. I see tremendous opportunities for growth and we will be prepared to capitalize on those opportunities.”

Clayton has 18 years of experience working in the industrial distribution and financial services industries, including eight years as Chief Financial Officer of a multi-billion-dollar nationwide distributor and seven years in the financial services audit practice at PricewaterhouseCoopers. He has extensive experience in strategic planning, financial reporting and internal controls. He has also played key roles on several acquisitions and capital market transactions.

“Don brings the experience and philosophy we want to take our organization to the next level,” says Ayers. “He has built world-class back office operations and has led numerous strategic transactions. Just as importantly, he shares our passion for customer service and our commitment to stay nimble and innovative as we grow.”

Clayton received his Bachelor of Science in Business Administration with an emphasis in Accounting from Southeast Missouri State University. He is a Certified Public Accountant.

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