Milestone is a full service transportation equipment leasing and asset management company specializing in motor carrier and rail industry-related intermodal equipment. This includes:
- Domestic Containers
- Flatbed Trailers
- Highway Trailers
- Intermodal Trailers (Piggybacks), and
- Refrigerated Containers and Trailers
Headquartered in St. Charles, MO with regional offices in Chicago, IL and Kansas City, MO, and a nationwide branch network, Milestone has acquired intermodal and highway fleets while managing and leasing equipment on behalf of institutional and private investors since 1995. Our customers include Class One Railroads, Less-Than-Truckload Carriers, Intermodal Marketing Companies, private shippers, steamship operators, barge operators, and roll-on/roll-off shipping lines. The Milestone fleet allows all of these industry segments to maximize equipment utilization and transportation efficiency without the burden of owning their own equipment.
Our management services include the origination and administration of leases, arranging debt and equity financing, operating and maintaining equipment in daily rental service to monetize off lease equipment, and administrating the returns of equipment portfolios.
Our mission is to provide transportation equipment under the most creative, cost effective and flexible structures to optimize the value of our customer’s supply chain.
Rob Thull founded Milestone Equipment Holdings in 1995 with a passion for innovating in order to better serve customers and drive the transportation industry forward. Over time Milestone acquired significant and substantive intermodal fleets for its own portfolio while managing and leasing equipment on behalf of institutional and private investors such as banks and other leasing companies.
With the intention of elevating Milestone’s highway offering, Thull acquired the majority stake in Personal Attention Leasing, LLC (a major trailer leasing company) in 2004. Since then this division has gone on to become one of the largest trailer lessors in the United States – comprising over 35,000 assets and 25 network branches.
In 2011 Blackstone, a private equity firm, saw tremendous potential in Milestone’s future and invested heavily in the company, allowing them to be a majority partner. In 2015, after seeing successful returns, Blackstone sold their interest in the company to Barings. The subsequent merger of Barings’ existing trailer assets in June 2015 along with the merger of Quest Capital Group, an intermodal equipment management company, again elevated Milestone’s portfolio to over 75,000 in combined chassis, container and trailer assets.
Milestone is also proud to be one of the nation’s top Intermodal lessors – having over the years acquired not just assets, but a team of industry leading professionals.