Hilco Global issued a report on the impact of diminished import/export volume on the chassis segment of the intermodal industry, how providers and end-users have responded during the current crisis, and the likely path forward for industry recovery over the last two quarters of 2020 and into 2021.

“Intermodal Chassis Market Demonstrates Pandemic Period Resilience,” co-authored by Elbert Choi and Derek Brennan of Hilco Valuation Services, looks at how factors such as early, proactive steps taken by key industry players and continued, on-time payments by most contract holders and pool participants are serving to ensure that chassis are in good working order and accessible in the locations where they are most needed as markets recover.
The report also explores the life span of these assets and how software-driven GPS innovation is adding greater efficiency for managing both new and retrofitted fleets.

“We expect strong interest in acquiring quality used chassis moving past the peak pandemic period,” Brennan said. “Much of this will likely be driven by a desire to add capacity to chassis pools in order to service existing customers while also being able to capture new, large accounts by guaranteeing volume access.”