UASC names TRAC as sole US chassis provider

UASC names TRAC as sole US chassis provider

United Arab Shipping Co. has appointed TRAC Intermodal as the carrier’s sole chassis provider in the United States.

Stuart Sandlin, president of UASC North America, said using a single chassis provider will benefit customers and make UASC more competitive in quoting carrier haulage rates under which the ship line arranges inland transportation.

“By using one chassis provider for our customers, we can simplify and streamline the logistics involved with chassis utilization, ultimately enhancing customer service,” Sandlin said.

UASC chose TRAC because of “their robust EDI capabilities, which improves the accuracy of the billing process” and because of the equipment provider’s user-friendly online tools, Sandlin said.

As container lines have transferred most of their chassis to equipment providers during the last six years, equipment providers such as TRAC have sought to differentiate their services by investing in information technology for billing and forecasting, and by improving equipment and road service.

TRAC last month entered a joint venture to provide cloud-based automation of chassis billing and reconciliation. On March 1, the company acquired Interstar Fleet Services, a nationwide provider of emergency road repair services. Another chassis provider, Direct ChassisLink, in 2014 acquired REZ-1, a technology company specializing in intermodal equipment and services.

Keith Lovetro, TRAC’s president and CEO, said his company seeks “to increase supply chain efficiency at every opportunity, and working with a partner of UASC’s caliber and efficiency allows us to do this in terms of chassis processes in the U.S.”

The UASC-TRAC agreement includes equipment in several regional pools for which TRAC provides chassis.

Markets covered by the agreement include Los Angeles-Long Beach, where most chassis are in a portwide pool, and New York-New Jersey, where TRAC’s Metro Pool has nearly two-thirds of the market and officials have been trying to bring competing equipment providers together into a single pool.

The UASC-TRAC agreement also covers Philadelphia and Baltimore, which are served by TRAC’s Metro Pool; as well as Seattle; St. Louis; Kansas City; Memphis; Houston; Dallas; Minneapolis-St. Paul; and the Chicago-Ohio Valley and South Atlantic cooperative pools of Consolidated Chassis Management, a subsidiary of the Ocean Carrier Equipment Management Association.

CCM’s Chicago-Ohio Valley pool encompasses Chicago, Detroit, Cleveland, Cincinnati, Columbus and Louisville. The South Atlantic pool includes Savannah, Charleston, Atlanta and Charlotte.

Contact Joseph Bonney at joseph.bonney@ihs.com and follow him on Twitter: @JosephBonney.