We just successfully completed the first leg of the ITE Investor Asset Tour and Dinner Series.
We are thrilled with the turn out and thank all of the investors and team members who joined us in New York and Chicago. Next up is the legendary Port of Long Beach.
We always are saying that it is the operating partnerships that make transportation real assets both so unique and rewarding. When you see these industrial assets up-close and in motion, you start to understand the scale and complexity of keeping goods and commodities moving… every day. By showcasing the linkage of how diverse assets are productive together, we get a glimpse at how the dynamic North American supply chain works in action.
INTERMODAL CHASSIS LOADING
In New York, we visited the GTG Trucking lot and warehouse to see a demonstration of how shipping containers are loaded onto chassis trailers. In this case, we observed how Trend Intermodal Chassis (an ITE operating company) leverages their innovative fleet technology in order to contract or extend to fit either 20 foot or 40 foot containers. Shippers seek this product versatility to both increase utilization and decrease storage costs.
PORT INFRASTRUCTURE AND MARITIME CONTAINER SHIPPING
Then, the group went on a land tour of the impressive Port of Elizabeth and Port of Newark, followed by a boat trip past the Port of Bayonne. It was only fitting to see the Statue of Liberty in the distance as there is nothing as quintessential American as transporting goods and commodities to keep our country moving.
CHASSIS REFURBISHMENT
Our Chicago team treated us to an equally impressive day. First, we visited Integrated Industries, a chassis refurbishment site to learn about how intermodal chassis are repaired to extend their useful lifecycles.
Then, we went to a transloading railcar ramp outside of Chicago in Harvey, Illinois. Here the group got to see a variety of railcar car types, including several from the AITX fleet. Further, we were able to experience how containers are loaded and unloaded onto an intermodal railcar as a first-hand example of how different assets across ITE verticals work together.
PORT OF LOS ANGELES – HERE WE COME.
Next, we are off to the beautiful Port of Los Angeles in Long Beach, CA.
