Ten-year deal for Interpool

Princeton, NJ-based Interpool has signed a ten-year deal with BNSF Railway Co. to supply and manage the railroad’s fleet of 48- and 53-ft. trailers along with those of BNSF customers. The agreement includes the truckload carriers and intermodal marketing companies that use the railroad’s terminals.

Interpool said it expects to supply BNSF with approximately 24,000 trailers by the end of 2006 and thereafter to supply domestic chassis as needed. Interpool added that it would also lease and maintain its pool of chassis to BNSF customers under user agreements. The company also noted that adding BNSF to its pool boosts the total number of intermodal trailers it manages to 250,000.

“We feel [this deal] will improve the speed and efficiency of domestic containerized cargo transport and help lower costs to our shippers, consignees, and the U.S. consumer,” said Martin Tuchman, Interpool’s chairman & CEO.