ATEL Leasing acquired chassis valued at $9,826,655 and leased to Matson, a U.S. transportation services company that provides freight shipping and logistics operations to terminals across the Pacific. Since 1882, the company has maintained a transportation lifeline to the economies of Hawaii, Alaska, Guam, Micronesia and various islands across the South Pacific.

“ATEL is pleased to provide lease financing for these chassis that are used to distribute container-shipped goods across the United States,” Dean Cash, president and CEO of ATEL, said.

ATEL Capital Group is an international financial services company that has offered equipment leasing, asset-based lending, venture finance, lease administration and asset management for more than 40 years.