chassis pools Archives - Maritime Shipping News

Chassis pool manager CCM acquired by Oaktree

3 October 2023

Consolidated Chassis Management (CCM) announced Tuesday it has been acquired by funds managed by global investment firm Oaktree Capital Management.

The chassis pool manager was previously owned by a group of 10 container shipping companies — the Ocean Carrier Equipment Management Association (OCEMA).

Financial terms of the transaction were not provided.

The deal is expected to provide CCM with a bigger capital base as it acts as the sole manager and chassis provider to the South Atlantic...

https://www.freightwaves.com/news/chassis-pool-manager-ccm-acquired-by-oaktree

Southeast ports, carriers sign on to plan to upgrade chassis pool

2 March 2022

Five stakeholders have signed a memorandum of understanding establishing the South Atlantic Chassis Pool 3.0, which will serve the region starting in October 2023.

SACP 3.0 will be based on a single provider pool model, and it will upgrade and expand the existing pool. It will have 60,000 chassis available to truckers, beneficial cargo owners, ocean carriers and port users, said a Monday announcement by the Ocean Carrier Equipment Management Association (OCEMA), Georgia Ports Authority,...

https://www.freightwaves.com/news/southeast-ports-carriers-sign-on-to-plan-to-upgrade-chassis-pool

Is the supply chain’s real problem the lack of personal responsibility?

3 February 2022

2021 was the year that long-existing supply chain problems were exacerbated and made mainstream. If anything, it became clear that one quick fix at the ports, such as longer operating hours, wouldn’t penetrate the root of the issue.

In a conversation with FreightWaves, founder of Port X Logistics Brian Kempisty said that the supply chain’s biggest problem is that no one is taking ownership of the problem, as the system and responsibilities are siloed.

“When there is unreliability on vessel...

https://www.freightwaves.com/news/is-the-supply-chains-real-problem-the-lack-of-personal-responsibility

Pick your bottleneck: Ports, chassis, containers, labor

30 September 2021

The most recent metrics from the Port of Los Angeles show supply chain constraints are still hovering near record levels, a trend that is expected to carry into 2022.

During a monthly update, Gene Seroka, the port’s executive director, said dwell times for containers remain at or near all-time highs, with “significant volume headed our way throughout this year and into 2022.”

As of mid-September, dwell time for containers at terminals was six days, the highest since the volume surge began more...

https://www.freightwaves.com/news/pick-your-bottleneck-ports-chassis-containers-labor

Intermodal Summit: Managing chassis pools in a chaotic market

1 September 2021

FreightWaves’ Kevin Hill and DCLI's Mike O’Malley at the Intermodal Summit.

FIRESIDE CHAT TOPIC: The future of chassis pools

DETAILS: A discussion on port congestion and the impact on the chassis management process.

INTERVIEWER AND SPEAKER: Kevin Hill, executive publisher at FreightWaves, and Mike O’Malley, SVP, government and public relations at Direct ChassisLink Inc. (DCLI)

BIO: O’Malley is DCLI’s primary point of contact with external stakeholders such as regulators, legislators, trade groups and the media.

His career includes more than two decades in public affairs,...

https://www.freightwaves.com/news/intermodal-summit-managing-chassis-pools-in-a-chaotic-market

Disunified chassis leasing system exacerbates port congestion

12 July 2021

The ongoing container shortage and port congestion is becoming old news. Freight income per TEU is higher than ever due to the COVID-spurred consumer demand for goods. The industry is seeing a large number of blank sailings, not for lack of cargo, but because the containers sit in waiting for so long, they lose their place in the rotation.

“If your product isn’t in the U.S. by the end of October, you’ve hurt your ability to maximize holiday sales,” FreightWaves Senior Retail Analyst Andrew Cox...

https://www.freightwaves.com/news/disunified-chassis-leasing-system-exacerbates-port-congestion

US-based CIE Manufacturing takes aim at chassis shortage

15 January 2021

From sea to shining sea, CIE Manufacturing (CIEM) is gearing up its container chassis production for the North American market. With chassis already rolling off the line at the company’s manufacturing facility in Virginia, and manufacturing of the second wave in California is now underway.

Headquartered in South Gate, California, CIEM is now producing its new North American Pioneer Chassis line on the West Coast, just a 20-minute drive from two of the country’s most congested ports — the Ports...

https://www.freightwaves.com/news/us-based-cie-manufacturing-takes-aim-at-chassis-shortage

How truckers can avoid a bad dray day

3 November 2020

Pick a poorly maintained container chassis or the wrong one from a pool, and you are in for a bad dray day.

American Shipper recently discussed this important topic for drayage truckers with Phil Wolfe, vice president of international sales for DCLI, the nation’s largest provider of intermodal chassis.

Many draymen retrieve their chassis from bustling pools located next to large container ports. However, no two chassis are alike — they vary by...

https://www.freightwaves.com/news/how-truckers-can-avoid-a-bad-dray-day

CIEM chassis begin rollout at new Virginia plant

29 October 2020

CIE Manufacturing (CIEM) this week has started rolling out the first container chassis from its new manufacturing plant at Emporia, Virginia.

The South Gate, California-based company, formerly CIMC Intermodal Equipment, began setting up its Virginia chassis manufacturing facility in July. The production site encompasses 43 acres about 70 miles west of the Port of Virginia at Hampton Roads.

“Our plans for this entire manufacturing complex are quite extensive and surely will allow our brand to...

https://s29755.pcdn.co/news/ciem-chassis-begin-rollout-at-new-virginia-plant

Do you know where your chassis are?

9 October 2020

Container chassis may be simple assets, but there is nothing simple about tracking their location throughout the U.S. supply chain.

Chassis providers and technology developers in recent years have chipped away at the challenge to electronically track usage of these assets with shippers, third-party logistics providers (3PLs), carriers, marine terminals and rail ramps.

“The problem is that there are many parties and systems involved when using chassis to dray containers,” Glenn Jones, global vice...

https://s29755.pcdn.co/news/do-you-know-where-your-chassis-are

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