Interpool (NYSE:IPX)
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It was announced today that Interpool, Inc. (NYSE:IPX) has entered into
an agreement with Maersk Line, the largest shipping company in the
world, with Interpool’s Chassis Division, Trac
Lease, one of the world's largest chassis lessors, to supply Maersk with
detailed tracking data for its chassis trailer freight moves in the
Northeast and Midwest.
To service this program Trac Lease will be employing Poolstat®,
its proprietary chassis management system, which receives daily chassis
tracking information from more than 450 reporting locations in the
United States. PoolStat currently has 1,300 registered users worldwide.
Martin Tuchman, Chairman and CEO of Interpool indicated, “We
are very pleased to work with Maersk on this program designed to achieve
greater equipment utilization efficiencies through enhanced asset
tracking, and ultimately reduce congestion at terminal facilities. Based
on the results of our pilot program in the Northeast and Midwest over
the next several months, we expect to increase coverage, region by
region throughout the United States."
Interpool is one of the world’s leading
suppliers of equipment and services to the transportation industry. The
company is the world’s largest lessor of
intermodal container chassis and a world leading lessor of cargo
containers used in international trade.
Note: This press release and other press releases and information can be
viewed at Interpool’s website at www.interpool.com
This press release contains certain forward-looking statements
regarding future circumstances. These forward-looking statements
are subject to risks and uncertainties that could cause actual results
to differ materially from those contemplated in such forward-looking
statements, including in particular the risks and uncertainties
described in Interpool’s SEC filings. The
Company undertakes no obligation to publicly release any revisions to
these forward-looking statements to reflect events or circumstances
after the date hereof.