What Trailer Wizards does

Trailer Wizards is now a legacy brand operating within TEN (Transportation Equipment Network), a North American full-service commercial trailer fleet solutions provider headquartered in Dublin, Ohio with Canadian operations rooted in Mississauga. TEN serves logistics and transportation companies, as well as warehousing and distribution operations, offering a comprehensive portfolio that includes semi-trailer leasing, short-term and seasonal rentals, scheduled and emergency maintenance (TEN Care), temperature-controlled refrigerated solutions (TEN Cool), on-site storage and shuttle trailers (TEN Space), and ready-to-deploy trailers (TEN Ready). Equipment offerings span dry van, refrigerated, heated, flatbed, chassis, shuttle and storage trailers, and dollies, addressing freight, perishable goods, oversized cargo, and flexible storage requirements.

TEN operates a fleet of 86,000+ trailers supported by a service infrastructure of 49 locations across the United States and Canada, 249 service bays, 105+ mobile service trucks, and 400 mechanics. Its technology stack centers on trailer telematics and a Fleet Management Center that provides data-backed insights and monitoring for both temperature-controlled and general trailer fleets. A self-serve client portal (my.tenleasing.com) enables existing customers to manage accounts, access registration tools, loss damage waivers, and support resources.

The company's revenue model combines recurring subscription-based leasing contracts, usage-based short-term rentals, and professional services revenue from maintenance and repair. Go-to-market relies on direct enterprise field sales operating from 49 physical locations with a formal credit application process for new customers, complemented by the digital self-serve portal for existing accounts. TEN was formed through the 2024 unification of Star Leasing, CTL, Cooling Concepts, NETS Leasing, TIP Canada, Boston Trailer, and Trailer Wizards, and is led by CEO Carl Vanderspek. Pricing is custom quote-based and not publicly disclosed.

Name

Trailer Wizards

Website

https://trailerwizards.com

Company type

Private

Founded year

1963

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Trailer Wizards operates within TEN (Transportation Equipment Network), a North American full-service commercial trailer fleet solutions provider with 86,000+ trailers, 49 locations, and 1,000 employees serving logistics, transportation, and warehousing companies through leasing, rentals, maintenance, and telematics-enabled fleet management.

Ownership category

akta.pro rank

Product category

Commercial Trailer Leasing & Fleet Services

NAICS

Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (53212), 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)

akta.pro secondary industries

Trailer Pooling, Rental & Depot Services (Yard Pools, One-Way) (TLABACAJ), Dolly, Converter Gear & Auxiliary Trailer Equipment Leasing/Rental (TLABACAI)

Keywords

• Commercial trailer leasing
• Trailer rental services
• Fleet maintenance solutions
• Transportation equipment
• Refrigerated trailer solutions

Headquarters

HQ city

Mississauga

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Trailer Leasing: Long-term semi-trailer leasing solutions for businesses needing sustained equipment access. Part of the full-service offering including maintenance support.
2. Trailer Rentals: Short-term and seasonal rental options providing flexible access to trailers without long-term commitment.
3. TEN Care Maintenance & Repairs: End-to-end fleet maintenance services including scheduled maintenance and emergency repairs, supporting both leased and owned equipment.
4. TEN Cool Temperature-Controlled Solutions: Customized refrigerated trailer solutions including customization, in-house maintenance, and temperature management.
5. TEN Space: On-site storage and shuttle trailer services for flexible cargo handling needs.
6. TEN Ready: Ready-to-deploy trailer solutions for immediate operational needs.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Trailer Wizards is a full-service commercial trailer fleet solutions provider, offering semi-trailer leasing and rentals, fleet maintenance and repair services, and telematics-enabled fleet management. The company supports logistics, transportation, and supply chain operators with a fleet of 86,000+ trailers accessible through 49 locations across North America.

Product overview

TEN (Transportation Equipment Network) is a full-service trailer solutions platform offering a comprehensive portfolio of equipment and services. The company operates with a unified platform architecture combining equipment leasing and rentals with maintenance services. Core equipment includes Dry Van Trailers, Refrigerated Trailers (TEN Cool), Heated Trailers, Flatbed Trailers, Chassis, Shuttle & Storage Trailers, and Dollies. Service offerings span Semi-Trailer Leasing, Semi-Trailer Rentals, TEN Care Maintenance & Repairs, TEN Cool temperature-controlled solutions, TEN Space storage solutions, and TEN Ready pre-deployment services. The company also provides digital tools including a Client Portal for account and fleet management. TEN was formed through the unification of Star Leasing, CTL, Cooling Concepts, NETS Leasing, and TIP Group Canada.

Differentiator

Problem solved

Functional benefit

Brands

• TEN Care: Maintenance & repairs service for trailers
• TEN Cool
• TEN Space
• TEN Ready

Products and services

• Semi-Trailer Leasing

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• GATX Corporation: Specializes in railcar and aircraft leasing with a significant North American trailer leasing business through GATX Third Party Rail and Trailer Services. Comparable as a high-scale asset-based lessor with recurring lease economics.
• TIP Trailer Services: Global trailer leasing, rental, and maintenance provider with operations across Europe, Canada, and the US. Directly comparable as TIP Canada was itself part of the TEN consolidation; overlapping fleet types and service offerings.
• Flexi-Van Leasing: Specializes in chassis and container leasing for intermodal transportation across North America. Comparable as a focused trailer-equipment lessor serving logistics and freight customers with recurring lease revenue.
• Penske Transportation Solutions: Operates Penske Truck Leasing, one of the largest full-service truck and trailer leasing providers in North America. Directly comparable as a multi-product trailer and truck lessor with maintenance services and a national depot network.
• Ryder System: Major North American provider of commercial truck and trailer leasing, rentals, and maintenance. Directly competes with TEN across long-term leasing, short-term rentals, and full-service fleet management.
• Milestone Equipment Holdings: North American provider of trailer rental and leasing solutions serving intermodal, over-the-road, and storage applications. Direct competitor in the trailer leasing and rental market with a comparable full-service model.

Broad incumbents

• Werner Enterprises: Major US trucking and logistics company that also operates dedicated trailer fleet solutions. Broader incumbent in transportation services with adjacent trailer leasing and management capabilities.
• Schneider National: Large US transportation and logistics provider operating its own trailer fleet and offering fleet services. Comparable as a broad-based transportation incumbent with significant trailer assets.

Emerging players

• Prime Inc. Large US trucking and logistics operator with a substantial trailer fleet including refrigerated capabilities. Comparable in scale of trailer assets serving freight transportation customers.
• Daseke: North American specialty transportation and flatbed/specialty trailer provider with significant fleet assets. Partial overlap with TEN's flatbed and specialty trailer leasing offerings in the freight market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TrailerWizards
• Facebookfacebook.com/TrailerWizards
• LinkedInlinkedin.com/company/trailer-wizards-ltd.
• 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&A

Investments

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

Frequently asked questions about Trailer Wizards