Star Leasing Company

What Star Leasing Company does

Star Leasing Company is a North American transportation equipment provider founded in 1962, headquartered in Dublin, Ohio. As of 2024, it operates as part of TEN (Transportation Equipment Network), a unified brand combining Star Leasing, CTL, Cooling Concepts, NETS Leasing, TIP Canada, and Boston Trailer. The combined entity is one of the largest trailer lessors in North America, operating 86,000+ trailers across 49 service locations in the United States and Canada, supported by 249 service bays, 105+ mobile service trucks, and 400 mechanics. The company serves transportation and logistics companies requiring fleet equipment, with a stated horizontal segmentation approach.

The core product offering spans long-term semi-trailer leasing (subscription/recurring revenue), short-term and seasonal trailer rentals (usage-based revenue), and bundled maintenance services (TEN Care, professional services revenue). Equipment categories include dry van trailers, refrigerated trailers (TEN Cool), heated trailers, shuttle and storage trailers (TEN Space), flatbed trailers, chassis, and dollies. Service modules such as TEN Ready and fleet consultation extend the offering beyond equipment leasing. Pricing is quote-based and not publicly disclosed, consistent with enterprise B2B contracts. Go-to-market is enterprise field sales targeting transportation and logistics buyers, supported by a direct service center network and a client portal (my.tenleasing.com) for account management, with marketing spanning the corporate website, LinkedIn, Instagram, Facebook, X, email newsletters, and industry events.

Underlying technology centers on fleet telematics and data-backed insights delivered through an in-house Fleet Management Center that monitors fleet operations in real time. The company describes differentiated integration/interoperability and scale/reliability of its maintenance infrastructure as key technology attributes. Revenue mechanics blend recurring lease contracts with usage-based rentals and service revenue, creating a diversified but capital-intensive model dependent on fleet utilization. The business is privately held with no public listing, no disclosed institutional investor base, and no available revenue figures.

Name

Star Leasing Company

Legal name

Star Leasing Company

Website

https://starleasing.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

251–500 employees

Short description

Star Leasing Company is a North American trailer leasing provider, now operating as part of TEN (Transportation Equipment Network). It leases, rents, and services semi-trailers (dry van, refrigerated, flatbed, chassis) for transportation and logistics companies across 49 US and Canada locations.

Ownership category

akta.pro rank

Product category

Commercial Trailer Leasing

NAICS

Automotive Equipment Rental and Leasing (5321), Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (532120)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Dry Van Trailer Leasing/Rental (TLABACAB)

Keywords

• Semi-trailer leasing
• Trailer rental services
• Fleet maintenance repairs
• Transportation equipment network
• Refrigerated trailer solutions

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Semi-Trailer Leasing: Long-term trailer leasing solutions for transportation and logistics companies seeking longer-term equipment solutions
2. Semi-Trailer Rentals: Flexible short-term and seasonal rental options for temporary equipment needs
3. Maintenance & Repair Services: TEN Care provides comprehensive maintenance and repair services for fleets

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Star Leasing Company, operating under the unified TEN (Transportation Equipment Network) brand, provides full-service trailer solutions to transportation and logistics companies across North America. Its offering spans long-term semi-trailer leasing, short-term and seasonal trailer rentals, equipment (dry van, refrigerated, heated, flatbed, shuttle/storage, chassis, and dollies), and complementary services including TEN Care maintenance/repairs, TEN Cool temperature-controlled customization, TEN Space storage trailers, and TEN Ready ready-to-deploy solutions. Revenue is generated through recurring lease contracts, usage-based rentals, and professional maintenance and repair services, supported by 86,000+ trailers across 49 locations.

Product overview

TEN (Transportation Equipment Network) is a unified platform combining six legacy brands (Star Leasing, CTL, Cooling Concepts, NETS Leasing, TIP Canada, and Boston Trailer) into one of North America's largest trailer lessors. The platform operates on a core services + equipment + network model: customers access trailer leasing (long-term) and rentals (short-term/seasonal) as primary services, with add-on service modules including TEN Care (maintenance/repairs with 249 service bays and 105+ mobile trucks), TEN Cool (temperature-controlled solutions), TEN Space (storage), and TEN Ready (ready-to-deploy). Equipment offerings span dry van trailers, refrigerated/heated trailers, flatbed trailers, shuttle/storage trailers, chassis, and dollies. The company supports operations through 49 locations, 86,000+ trailers, and a client portal for account management.

Differentiator

Problem solved

Functional benefit

Brands

• TEN Cool: Temperature-controlled fleet solutions including customized refrigerated trailers and in-house maintenance services.
• TEN Care
• TEN Space
• TEN Ready
• CTL
• Cooling Concepts
• NETS Leasing
• TIP Canada
• Boston Trailer

Products and services

• Semi-Trailer Leasing Long-term semi-trailer leasing solutions for transportation and logistics companies seeking sustained fleet capacity, delivered through the unified TEN brand with 86,000+ trailers.
• Semi-Trailer Rentals Flexible short-term and seasonal semi-trailer rental options for transportation and logistics companies with temporary or surge equipment needs.
• TEN Care Maintenance & Repairs End-to-end fleet maintenance and repair service covering scheduled maintenance and emergency repairs, delivered through 249 service bays, 105+ mobile service trucks, and 400 mechanics across the U.S. and Canada.
• TEN Cool Temperature-Controlled Solutions Temperature-controlled fleet solutions including customized refrigerated trailer configurations and in-house Fleet Management Center teams for shippers of temperature-sensitive cargo.
• TEN Space Storage Trailers On-site storage and shuttle trailer solutions providing cargo transport and on-site storage flexibility for commercial customers.
• TEN Ready Ready-to-Deploy Trailers Ready-to-deploy trailer solutions enabling immediate operational use for customers with urgent or short-notice capacity requirements.
• Dry Van Trailers Secure and reliable dry van trailers for general commercial freight shipping, available through leasing and rental programs.
• Refrigerated Trailers (TEN Cool) Refrigerated trailers for temperature-sensitive shipments, supplied with TEN Cool customization, in-house maintenance, and Fleet Management Center support.
• Heated Trailers Heated trailers for specialized cargo requiring temperature control above ambient, available through leasing and rental programs.
• Flatbed Trailers Flatbed trailers with flexible, robust specifications for securing varied load types in commercial freight operations.
• Chassis Versatile chassis for efficient intermodal container transport, available through leasing and rental programs.
• Shuttle & Storage Trailers Shuttle and storage trailers for on-site storage and efficient cargo transport, including temporary storage applications.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Ryder System: One of the largest full-service truck leasing and logistics companies in North America, offering trailer leasing alongside dedicated transportation, contract logistics, and supply chain solutions. Directly comparable to TEN's leasing model and competes for the same enterprise transportation customers.
• Penske Transportation Solutions: Penske operates a major commercial truck and trailer leasing business alongside its logistics and truck leasing divisions. Competes with TEN for full-service leasing customers and bundles leasing with contract logistics similar to TEN's integrated offering.

Direct peers

• GATX Corporation: GATX is a leading global railcar and specialty leasing company that also has a significant tank container and aviation leasing business. Highly comparable asset-heavy leasing model and customer overlap with TEN in industrial transportation.
• Textainer Group Holdings: One of the world's largest lessors of intermodal containers, with a similar operating lease model to trailer leasing. Comparable asset-heavy leasing business model and exposure to global freight cycles, though focused on containers rather than trailers.
• Triton International: Global container leasing company with an asset-heavy operating lease model similar to TEN's trailer leasing approach. Comparable capital-intensive leasing structure and customer overlap in intermodal and shipping logistics.
• XTRA Corporation: Major North American trailer leasing company offering over-the-road and storage trailers, including refrigerated and chassis equipment. Direct competitor to TEN in trailer leasing, with overlapping equipment types and customer segments.

Others

• Wabash National Corporation: One of North America's largest trailer manufacturers, producing dry van, refrigerated, flatbed, and other trailers. Not a direct leasing competitor, but a key trailer supplier to the leasing industry and adjacent to TEN's equipment procurement decisions.
• Utility Trailer Manufacturing Company: Major manufacturer of refrigerated and dry van trailers sold into leasing fleets. Comparable to TEN in that reefer and dry van trailers are a core product line; adjacency rather than direct competition since Utility sells trailers rather than leases them.
• Great Dane LLC: Manufacturer of dry van, refrigerated, and flatbed trailers with strong presence in the North American leasing customer base. Equipment offerings overlap directly with TEN's dry van, refrigerated, and flatbed trailer types.

Regional players

• Daseke Inc. North American transportation services company with flatbed, specialized, and logistics operations. Some overlap with TEN's flatbed trailer customer base, though Daseke operates as an asset-based carrier rather than a pure lessor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/starleasingco
• Facebookfacebook.com/star-leasing-company-115082895203117
• LinkedInlinkedin.com/company/star-leasing-company
• Instagraminstagram.com/tenleasing

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Star Leasing Company