Flexi-Van Leasing, Inc.
Presentation to
The World Trade Association of Philadelphia
Wednesday, February 16, 2011
Flexi-Van Overview…
•Founded 1955
•Privately owned by Mr. David H. Murdock… affiliated with
Castle & Cooke Corporation and Dole Food Company
•Total chassis fleet of 146,000
•Total assets exceed $USD 1Billion, profitable, stable and wellinsured
•Over 1000 customers, including Marine Terminals, Ship Lines,
Railroads, Truckers, and BCO’s
•Extensive Pool Operations throughout North America –
100,000+ units under direct management… over 500,000 units
tracked daily
Chassis Depots and Service Centers
Location
Atlanta, GA
Baltimore, MD
Camden, NJ
Charleston, SC
Chicago, IL
Dallas, TX
Jacksonville, FL
Houston, TX
FV Chassis
Depots
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FV Service
Center
Location
Los Angeles
•
Memphis, TN
Norfolk, VA
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New Orleans, LA
NY / NJ
SF / Oakland, CA
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•
•
FV Chassis
Depots
Savannah, GA
•
Seattle, WA
Toronto, ON
FV Service
Center
•
•
•
•
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International Pools Managed By Flexi-Van
Pool
Region
Type
Scope
Units
Note
Northeast
Northeast Regional Pool
COOP
(NERP)
Southeast
South Atlantic Chassis
Pool (SACP)
Atlanta, Birmingham,
Charleston, Wilmington,
COOP (CCM)
Savannah, Charlotte,
Jacksonville and Tampa
43,053
Gulf Consolidated
Chassis Pool
Dallas, New Orleans,
COOP (CCM) Houston, El Paso, San
Antonio and Laredo
Includes units
27,644 contributed under UPC
agreements
BN Rail
Neutral and
Fleet
Management
Chicago
787
Norfolk Southern
Neutral
Illinois, Ohio, Louisville
and PA
461
Private
Private
BNSF/LPC
CP Rail
Neutral
Bensonville, IL
Los Angeles Basin Pool
COOP
BN Rail
Neutral
Bay Area Chassis Pool
Total Terminals Inc
COOP
Neutral
Gulf
Midwest
Pacific Southwest
New York Area
Los Angeles / Long
Beach (TTI / WBCT / ITS
/ Ramps)
Hobart CA
Oakland CA
Oakland
Oakland CA
Total
4,384
Includes units under
UPC agreements
2567
144
Includes units
27,755 contributed under UPC
agreements
217
514
2,527
568
110,621
U.S. Chassis Fleet
Total Est. 750,000
Terminals/
CY
3%
Railroads
4%
Truckers
3%
Ocean
Carriers
45%
International
80%
Domestic
20%
Leasing
Cos.
45%
Domestic/
Int'l
Ownership
Terminals/CY
3%
Ocean
Carriers
75%
Railroads
8%
Private Int'l
25%
Cooperative
15%
Truckers
8%
Leasing Cos.
6%
Provider (to the Motor Carrier)
Private
Domestic
20%
Alliances
30%
Neutral/
Managed
Pools
10%
Operating
Structure
Industry Changes / The Supply of
Chassis to the Motor Carrier by the
S.S. Lines
• Traditionally, Motor Carriers could access S.S. Line chassis @ Marine
Terminals and Railroad Ramps & not be billed for the use of the chassis.
• Recently, various S.S. Lines have declared that the Motor Carrier must
provide their own chassis in various USA locations.
• Philadelphia is one of the locations, named by several lines, that Motor
Carriers must provide their own chassis.
Motor Carrier Options
• Motor Carrier to secure their own fleet.
• Straight Chassis Lease from Flexi-Van Leasing,
Inc. 16 locations throughout the U.S.A. and 1
location in Canada.
• Flexi-Day Program – daily rental rate/ pick and
drop chassis same day.
• Chassis Pool User Agreement- access chassis
@ Marine Terminals, Railroad Ramps &
container yards.
Servicing Philadelphia
Currently, Flexi-Van Leasing, Inc. provides chassis to Motor
Carriers from it’s facility in Camden, New Jersey:
Reliable Trailer
2630 Mt. Ephraim Avenue
Camden, New Jersey 08104
856-962-7900
Chassis types available:
20’ sliders, 40’ gooseneck, 45’, 20’ &40’ triaxle, 20’ tank and 40’ tridem chassis.
Future Plans for Philadelphia
Flexi-Van intends to expand it’s chassis
operation into Philadelphia to provide near
and on dock access to chassis.
Current Chassis Shortages
• Motor Carriers to lease chassis on a long term
agreement to ensure availability of chassis.
• Daily leasing from multiple chassis providers in
and around the Philadelphia area.
• More than one chassis provider on water
terminal, rail ramps – giving the Motor Carrier
a choice of vendors and the ability to
negotiate pricing.
Potential Monopoly on Pier Located
Chassis – Flexi-Van’s look into the future:
Stakeholder
Requirements
•Ocean
Carriers
•Freight
Handling
Facilities
•Motor
Carriers
•Chassis
Providers
•Beneficial
Cargo Owner
•Third Party
Logistics
•Vendors
Imperatives
•Gray Chassis
Operation
•Open access,
competitive
market for all
stakeholders
•Compliance
Multi Provider
Based Pool
Structure
Affords the
efficiencies of
a large gray
fleet operation
but maintains
the element of
choice and
competition
for the users.
-FMCSA RegulationsImpact of these Costs to Flexi-Van
Leasing, Inc.
• As a leasing company, we have always
followed D.O.T./IICL criteria when repairing
chassis.
• Registering chassis in the GIER and following
up on DVIR’s (Driver Vehicle Inspection Report’s) & DVER’s
(Driver Vehicle Examination Report) has had a nominal
effect on FV’s costs.
THANK YOU !
Vincent Citarella
Vice President - Sales
908-276-8000
908-313-1097
vcitarella@flexi-van.com