Transport infrastructure asset manager ITE Management has expanded its North American intermodal footprint with the acquisition of North American Chassis Pool Cooperative (NACPC) for an undisclosed sum.
The latest transaction comes after ITE Management agreed to acquire the chassis leasing division of Milestone Equipment Holdings in December 2025, adding roughly 36,000 modern assets to its portfolio, following its December 2023 acquisition of a majority stake in New Jersey-based Trend Intermodal Chassis Leasing.
The deal adds over 20,000 chassis to ITE’s platform, bringing its total North American fleet to more than 60,000 assets, providing access to a young, diversified premium fleet, coast-to-coast coverage and a broad range of solutions spanning term leases, daily rentals, chassis pools and customised programmes.
Darren Hawkins, CEO of NACPC, said: “Milestone, Trend and NACPC have each built strong businesses with their own identities, but they’re united by a common approach – deep industry expertise, responsive service and a commitment to quality.
“Bringing these companies together creates a more powerful platform that expands our reach while continuing to deliver the reliable equipment and service our customers expect.”
Jennifer Polli, head of intermodal at ITE Management, said: “We see significant opportunity to create long-term value in the chassis market through focused expertise and operational excellence.
“Scaling our chassis leasing platform strengthens our commitment to this essential segment and reinforces ITE’s core strategy.”
To read the latest IPE Real Assets magazine click here.
