TEN Acquires 3,000+ New Dry Van Trailers as Freight Capacity Tightens Heading into Peak Season, Total Fleet Tops 85,000 Trailers
TEN Acquires 3,000+ New Dry Van Trailers as Freight Capacity Tightens Heading into Peak Season, Total Fleet Tops 85,000 Trailers
Brand new 2027 trailers will be available in the U.S. and Canada in Q4
DUBLIN, Ohio--(BUSINESS WIRE)--TEN (Transportation Equipment Network), the largest full-service trailer lessor in North America, renting, leasing, financing, and maintaining semi-trailers, will add 3,000 dry van trailers to its fleet ahead of a peak season that is already starting earlier and running tighter on capacity than recent years. This brings the company’s total fleet to 85,000 trailers. The new 2027 models are equipped with the latest in telematics and trailer sensors, and will be available for rent or lease in the U.S. and Canada starting next month.
Demand for new trailers has surged, with July orders nearly doubling year-over-year, according to ACT Research. At the same time, retailers have pulled holiday inventory imports forward by four to six weeks to get ahead of tariff uncertainty, meaning the freight that typically moves through distribution networks later in the fall is already building in warehouses. It’s creating a longer, more demanding peak season with a smaller pool of available equipment.
“Every fleet manager knows how hard it is normally to find trailers in the fourth quarter, and we expect this holiday season to be one of the most intense we’ve seen in the last few years,” said Ari Silkey, Chief Operating Officer at TEN. “We secured these new units to meet what we anticipate to be an unusually high demand, so our customers aren’t scrambling for equipment when they should be focused on moving freight.”
The industry’s backlog-to-build ratio has reached five months, according to ACT Research, meaning new trailer orders placed today are unlikely to be delivered before the second quarter of 2027.
“Capacity is tightening and everybody knows it - the question going into peak isn't price, it's whether the trailers exist,” said Adis Danan, founder of JoyRide Logistics. “When we need 50 more vans on short notice, TEN is big enough to say yes. That's the difference between taking the freight and passing on it.”
TEN offers dry van, refrigerated, heated, flatbed, chassis and storage equipment. The dry van trailers are available for short-term rental or long-term lease, with no regional restrictions, on a first-come, first-served basis.
Learn more about securing trailer capacity for peak season or contact us for more information.
About TEN (Transportation Equipment Network)
Headquartered in Dublin, OH, TEN (Transportation Equipment Network) is the largest full-service trailer lessor in North America. With approximately 85,000 trailers, 1,000 employees, 249 service shop bays, 130 mobile service trucks, 400 mechanics, 100 road technicians and nearly 50 locations across the United States and Canada, TEN is equipped to seamlessly serve customers across North America. TEN provides full-service leasing as well as maintenance, advanced technological solutions, consultation services and other innovative offerings across numerous industry verticals. To learn more, visit https://tenleasing.com.
Contacts
Ankit Patel
Gregory on behalf of TEN
TEN@gregoryagency.com
