COLUMBUS, OHIO – MAY 9, 2022: Star Leasing Company, LLC, a leading semi-trailer lessor in the U.S. and a portfolio company of I Squared Capital, has acquired Cooling Concepts, a refrigerated semi-trailer leasing company with customers in over 30 states.
The transaction is accretive to Star’s core business, expanding its footprint, refrigerated trailer fleet, and overall reach within the marketplace. Star’s reputation for providing long-term, customized full-service leases is very synergistic to Cooling Concepts’ business model. Both teams have a long history of providing tailored solutions for each customer’s needs and challenges in their respective areas of focus.
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The year 2020 has felt as if things came to a standstill. Everyone everywhere has been and still is affected by the pandemic. Restaurants, schools, and business all closed temporarily or permanently. All normalcy that everyone was comfortable with disappeared. That is why this year the Transportation Research Board (TRB), annual conference will be focusing on the effects Covid-19 has had on the industry. This year is special because the conference is being held virtually at trb.org. They will be discussing on how the pandemic affected transportation modes, role of transit, and technological advancements. The committee meeting is happening now through Jan 15th. The workshops and lectures are taking place Jan 21-29. For more information please click on the link: TRB Hosting Virtual Annual Conference | Transport Topics (ttnews.com) or go to trb.org.
The FMCSA proposed to add rear impact guards to the inspections list for motor carriers and roadside inspectors. The reason for this is in the past CVSA inspectors did not cite a trucker for damage or loose rear guard. The new proposal will make CVSA inspector in the future take a closer look at the underside, and rear guards. According to Collin Mooney, executive director of the Commercial Vehicle Safety Alliance, there is a “catch all” regulation that requires that the underride guard to not be damaged. However, the decision of the on whether to write up a citation is left up to each the inspector. Adding a rule to add rear impact guards to the annual inspections list will make the rules more defined instead of subjective.
For more information click on the link: FMCSA Proposes to Add Truck Rear Underride Guards to Safety Checklist | Transport Topics (ttnews.com)
Our partners at EkoStinger have decided to showcase us on their website. EkoStinger for over a year has been providing us at Cooling Concepts with reliable side skirting that helps our trailers stay fuel efficient and wind stability. Our President/CEO, Tim Shasserre was quoted, “Wind stability is a real concern for trailers in severe weather conditions.
We’re a full-service leasing company… we maintain everything. It’s extremely difficult to replace side skirts when there is an issue. The EkoStinger product holds up better – it’s very durable.”
Please click the link below to see the article from EkoStinger for the full article: EkoStinger Customer Profile: Cooling Concepts Refrigerated Trailer Leasing | EkoStinger
Our holiday gift to you this year is a donation to multiple needy families across Belleville, Illinois. As a company, Cooling Concepts made a decision based on the needs of so many families throughout the region as well as keeping everyone safe.
We are working with our local Belleville Chamber to provide 50 needy families with food & gifts this upcoming holiday season. We Will be Supplying the following:
50 Holiday Meals (boxed by Schnucks)
50 Target, Wal-Mart, or gift cards (used for kid’s toys, etc.)
We hope that our gifts will help these families bring a little joy and happiness this holiday. Everyone from Cooling Concepts wishes you the best of the holiday season, and good will to all!
Happy Holidays
The ITA Southern IL Council met on Thursday in O’Fallon, IL. Eric Gallien provided a legislative update and the 2018 officer elections were held. The 2018 officers will be:
Bob Stock – Chairman
Joe Newman – Vice Chairman
Bob Christ – Secretary
Scott Synoground from Meritor shared information about new safety technology available on trucks today. Don White represented Cooling Concepts for this meeting.
The Truckload Carriers Association’s Annual Refrigerated Division Meeting, entering its 34th year, has established itself as the premier meeting for industry professionals focusing their operations on temperature-controlled equipment. This year’s meeting was held at the Terranea Resort in Rancho Palos Verdes, CA right on the Pacific Ocean. Attendees were provided with great opportunities to meet with their industry peers to discuss problems, share ideas, and seek solutions unique to their specialized area of operations. Tim Shasserre and Don White attended on behalf of Cooling Concepts.
On June 8th, 2017, Cooling Concepts hosted our 2nd Annual Client & Vendor Appreciation Golf Outing. It was a beautiful day for golf at Pevely Farms Golf Club in Eureka, MO. This event is something that Cooling Concepts is proud to host to show our appreciation to our wonderful clients and vendors for their commitment and loyalty. Thank you to all who came out and enjoyed the day with us!