Transport International Pool, Inc., has transitioned its TIP trailer leasing market brand in North America to that of its parent, the General Electric Company, and will now offer its integrated trailer fleet services portfolio directly under the name of GE. Its legal structure as a wholly owned affiliate company within GE’s Equipment Services division remains the same.
GE is a significant contributor to the global Transportation sector, including both the manufacture of aircraft engines and locomotives, and the offering of financial, insurance and leasing services for aircraft, railcars, automobile fleets, intermodal containers, and trucks and trailers. The Company itself is also a major international freight shipper.
“Over the last few years, we’ve helped customers solve many their most complex business issues by leveraging the broad technical and financial resources of GE,” said Marty Thomas, President & CEO of what will now be known as GE’s Trailer Fleet Services business. “As a result, we’ve gradually expanded our service offerings beyond just trailer rental & leasing. Our move to the GE brand reflects that reality.”
To recognize the nearly 50 year heritage of the TIP brand, GE will continue to use it as a portfolio name for its rental & leasing offering. The full portfolio of Trailer Fleet Services now includes: TIP Rental & Leasing, Financing & Insurance, GE VeriWise(TM) asset intelligence, Maintenance Management, and Remarketing.