TRAC Intermodal Acquires Tire Services Division Of Core Fleet, Inc.

Press Release from TRAC Intermodal

PRINCETON, N.J., Nov. 6, 2018 /PRNewswire/ -- TRAC Intermodal, North America's leading chassis pool manager and intermodal equipment provider, announced today that it has completed its acquisition of assets relating to the tire services division of Core Fleet, Inc. The acquisition will allow TRAC Intermodal, through its newly formed subsidiary, TRAC Tire Services LLC, to provide tire wholesale, service, parts distribution and retreading to the intermodal and commercial trucking industries.

TRAC Intermodal Logo (PRNewsFoto/TRAC Intermodal LLC) (PRNewsfoto/TRAC Intermodal)

Headquartered in Florence, KY, Core Fleet, Inc. is a nationwide service provider for commercial fleets. Core began operations in 2008 as Retread America. Its tire services division has provided new tire wholesale and parts distribution, and has been a significant supplier to the tire retread market since its inception.

Commencing in early 2019, TRAC Tire Services LLC will operate out of a brand new 102,000-square foot facility in Florence, KY that will accommodate an expanded production facility, warehouse space and administrative offices. The new facility will enable TRAC Tire Services LLC to immediately double its manufacturing capacity.

"This acquisition will enable us to provide improved fleet tire solutions to our customers while controlling their quality and cost," said Jennifer Polli, President and Chief Executive Officer at TRAC Intermodal. She added, "The mission of TRAC's new subsidiary is to supply customers with high quality, comprehensive services, including tire wholesale, parts supply, maintenance and retreading, to meet their commercial fleets' needs."

Motor carriers interested in TRAC Tire Services, please contact TRAC Intermodal Customer Support at 1-877-987-2226, Option #2or customerservice@tracintermodal.com

About TRAC Intermodal
TRAC Intermodal is North America's leading provider of intermodal marine equipment and chassis pool manager, with nine pools under management across the U.S. TRAC Intermodal has the largest fleet of marine and specialty chassis in North America and operates an extensive network of facilities.

For more information, contact:

Media
Rick Leonard
RCL Communications
203.434.7734
rick@rclcommunications.com

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