Direct ChassisLink Inc. (DCLI) has agreed to acquire TRAC Intermodal's fleet of 72,000 53-foot domestic chassis, along with related customer and hosting contracts with Class Is and intermodal shipping companies throughout the United States. The transaction is expected to close in January 2018, DCLI officials said in a press release. Financial terms of the deal were not disclosed. After the acquisition is completed, DCLI will own, lease or manage 136,000 marine chassis, as well as 80,0000 domestic chassis. Through its REZ-1 asset management platform, the company manages more than 86,000 domestic intermodal containers for third parties.
Milwaukee Mayor Tom Barrett (second from left) visits Milwaukee Composites Inc.'s facility.
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