Bowman Sales and Equipment, Hagerstown, Md., and McKinney Trailer Rentals, Pico Rivera, Calif., and Milestone Trailer Leasing, Tiburon, CA, have acquired of Aurora Trailer Leasing and Rental LLC’s fleet of 5,700 highway trailers.
Each of the three buyers acquired individual fleet trailers located at Aurora’s branches in their respective geographic markets.
Bowman Trailer Leasing is the largest semi-trailer leasing company in the eastern U.S. with a fleet of over 25,000 assets, and operates out of 32 branch locations. Bowman is a full-service provider that includes in-house maintenance and delivery/pick-up capabilities in most locations.
“Bowman has been very fortunate to be able to take advantage of the trailer leasing market consolidation that has taken place in the U.S. in the last few years and we are totally committed to continuing to provide our customers with the best equipment and service available in the industry,” said Dennis Hamill, President of Bowman.
McKinney Trailer Rentals, a regional provider of trailer rentals, leases and sales in the Western US and Texas, is acquiring the Aurora trailers in Los Angeles, CA, Houston, TX, and Dallas, TX. With eleven locations, McKinney offers a fleet of over 17,000 dry vans, refrigerated trailers, flatbeds, curtain vans, and chassis’ and storage trailers.
“We are confident that the increased equipment availability and additional resources will provide our customers with exceptional service in the marketplace and allow us a substantial growth opportunity in Texas and the West Coast," said Dave Tavares, McKinney Trailer Rentals President.
Milestone Trailer Leasing, LLC operates a 15,000 highway rental trailers through its affiliate, Personal Attention Leasing, Inc. The company has 19 full-service rental branch locations primarily in the Midwestern United States.
“We are committed to continued growth of our highway trailer fleet to provide cost effective, rental and lease alternatives to our customers,” said Robert Thull, President and co-owner of Milestone Trailer Leasing. “Highway trailer rental supply and demand are in very good balance in spite of a sluggish economy. This resulted from fleet consolidations and capacity reductions by most rental companies in 2008 through 2010.”
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