Carmichael

Name

Carmichael

Legal name

Carmichael NationaLease

Website

https://carmichaelnl.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commercial Truck Leasing and Fleet Services

SIC

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

akta.pro primary industry

Trailer Maintenance, Inspection & Roadside Programs (as part of lease/rental) (TLABACAK)

Keywords

• Full service truck leasing
• Commercial truck rental
• Contract fleet maintenance
• Retail truck repair
• Dedicated logistics services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Full Service Truck Leasing: Provides vehicles for lease with comprehensive maintenance services included. Customers pay a fixed monthly fee for the vehicle plus maintenance coverage, eliminating upfront capital costs and maintenance responsibilities.
2. Commercial Truck Rental: Short and long-term vehicle rentals on a daily, weekly, or longer basis. Customers pay for vehicle usage without long-term commitment.
3. Contract Maintenance: Fixed monthly fee plus variable mileage charge for maintaining customer-owned or leased fleets. Covers preventive maintenance, repairs, and emergency services.
4. Retail Truck Repair: Fee-for-service vehicle maintenance and repair for trucks and trailers. Customers pay upon completion of work or can establish credit arrangements.
5. Used Truck Sales: Sale of pre-owned vans, trucks, tractors, and semi-trailers. One-time transaction revenue from equipment sales.
6. Dedicated Logistics Services: Transportation management, routing, scheduling, fleet management consulting, dedicated contract carriage, and warehousing services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Carmichael is a family-owned full-service, full-maintenance transportation company that provides commercial trucks, tractors, and trailers on lease along with integrated maintenance, repair, rental, used truck sales, and dedicated logistics services to private fleet operators and commercial businesses in the Chicago metropolitan area, with nationwide service support through its NationaLease network membership.

Product overview

Carmichael is a family-owned full service, full maintenance transportation solution company offering a comprehensive portfolio of trucking and logistics services. The core offerings include Full Service Truck Leasing (with financing options), Commercial Truck Rental (short/long-term), Contract Maintenance (outsourced fleet maintenance), Retail Truck Repair, Dedicated Logistics (with real-time supply chain visibility), Used Truck Sales, and Local Cartage. These services are designed to provide comprehensive transportation solutions under one roof, covering vehicle leasing, maintenance, repair, rental, logistics management, and equipment sales for businesses in the Chicagoland area, with nationwide support through the NationaLease network.

Differentiator

Problem solved

Functional benefit

Products and services

• Full Service Truck Leasing Full service commercial truck leasing program providing vehicles with bundled maintenance, permit handling, licensing, emergency roadside service, safety programs, substitute vehicles, and an optional truck financing package with purchase option at contract end, targeting private fleet operators and businesses seeking to avoid upfront capital costs.
• Commercial Truck Rental Short-term and long-term vehicle rentals offering a wide variety of trucks for daily, weekly, or longer-term needs to help customers control transportation and operational costs without long-term commitment.
• Contract Maintenance Outsourced fleet and truck maintenance services provided for a fixed monthly fee plus variable mileage charge, covering preventive maintenance, ASE-certified technicians, authorized engine service, complete overhauls, comprehensive parts inventory, 24/7 emergency road service, and extensive tire programs.
• Retail Truck Repair Truck repair and maintenance services including preventive maintenance programs, emergency breakdown programs, and mobile maintenance programs covering refrigeration, air conditioning, welding, fabrication, diesel and gas engines, brakes, hydraulics, and suspension for all brands and models.
• Dedicated Logistics Transportation logistics solutions providing 100% real-time supply chain visibility, total transportation management services, routing and scheduling optimization, just-in-time delivery, experienced drivers and management, advanced IT, regulatory compliance, equipment procurement, dedicated contract carriage, and warehousing and inventory management.
• Used Truck Sales Sale of pre-owned trucks, vans, tractors, and semi-trailers, with pre-sale inspection meeting industry safety and mechanical standards and maintenance history reports on most vehicles.
• Local Cartage Local delivery and transportation services for Chicagoland distribution needs.

Quantifiable outcome

• Reduced operational costs through optimized routing, scheduling, and vehicle utilization
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• NationaLeasecoreStrategic or Co-development PartnerCarmichael is a member company of NationaLease, one of the largest full service truck leasing organizations in North America. NationaLease comprises 165+ independent businesses with 600+ service locations across the U.S. and Canada. This membership provides Carmichael with access to nationwide service support, emergency breakdown coverage coast-to-coast, collective purchasing power, and marketing exposure through the NationaLease network. Carmichael has been operating under this partnership for 50+ years.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Penske Truck Leasing: Penske Truck Leasing is a joint venture between Penske Corporation and Mitsui & Co., providing commercial truck leasing, rental, and maintenance across hundreds of U.S. and Canadian locations. It directly competes with Carmichael in the full-service lease segment served by NationaLease members.
• Ryder System: Ryder is the largest full-service truck leasing and fleet management provider in North America, offering leasing, contract maintenance, dedicated transportation, and supply chain solutions — a near-perfect overlap with Carmichael's service portfolio, but at vastly greater scale and with national footprint.
• Velocity Vehicle Group: Velocity Vehicle Group is one of the largest Daimler Truck dealer networks in North America, offering commercial truck sales, leasing, parts, and service. Its full-service commercial truck leasing line mirrors Carmichael's core offering, operating at a multi-state regional level rather than national scale.
• Enterprise Fleet Management: Enterprise Fleet Management is a major provider of full-service commercial fleet leasing, management, and maintenance solutions. It serves businesses with vehicle fleet needs similar to Carmichael's customer base, but with the resources and brand recognition of the broader Enterprise Mobility portfolio.
• Aim NationaLease: Aim is a direct comp to Carmichael — a NationaLease member providing full-service truck leasing, rental, contract maintenance, and logistics in select U.S. regions. As a fellow member of the same network, Aim competes for the same customer types using effectively the same business model.
• Wheels (a LeasePlan Company): Wheels is a North American fleet management and leasing company providing vehicle acquisition, leasing, maintenance, and driver support. Its full-service commercial fleet management model closely parallels Carmichael's full-service leasing and contract maintenance bundle.
• Donlen (a Hertz Company): Donlen is a commercial fleet management and leasing provider offering leasing, maintenance management, fuel programs, and telematics — directly comparable to Carmichael's full-service leasing and contract maintenance offerings, now operating under the Hertz ownership umbrella.
• PacLease (Paccar): PacLease is the affiliated full-service leasing network of PACCAR (Kenworth, Peterbilt), offering truck leasing and contract maintenance through authorized dealer-members. It competes with NationaLease-affiliated operators like Carmichael for full-service lease customers, leveraging OEM ties.

Broad incumbents

• Merchants Fleet: Merchants Fleet is a family-owned commercial fleet management and leasing company offering full-service leasing, rental, EV fleet solutions, and maintenance services. It is a large, multi-region operator similar to Carmichael in ownership profile but several times larger in fleet count and geographic spread.
• ARI (Holman Automotive): ARI is a fleet management services provider within Holman Automotive serving light- and medium-duty commercial fleets. While similar to Carmichael in business model, ARI operates as part of a broader automotive services enterprise and historically skews to light-duty fleets rather than Class 8 trucks Carmichael services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 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 Carmichael