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Flexi-Van Leasing, Inc.

Flexi-Van Leasing, Inc. Presentation to The World Trade Association of Philadelphia Wednesday, February 16, 2011. Flexi-Van Overview…. Founded 1955 Privately owned by Mr. David H. Murdock… affiliated with Castle & Cooke Corporation and Dole Food Company Total chassis fleet of 146,000

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Flexi-Van Leasing, Inc.

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  1. Flexi-Van Leasing, Inc. Presentation to The World Trade Association of Philadelphia Wednesday, February 16, 2011

  2. Flexi-Van Overview… • Founded 1955 • Privately owned by Mr. David H. Murdock… affiliated with Castle & Cooke Corporation and Dole Food Company • Total chassis fleet of 146,000 • Total assets exceed $USD 1Billion, profitable, stable and well-insured • Over 1000 customers, including Marine Terminals, Ship Lines, Railroads, Truckers, and BCO’s • Extensive Pool Operations throughout North America – 100,000+ units under direct management… over 500,000 units tracked daily

  3. Chassis Depots and Service Centers

  4. International Pools Managed By Flexi-Van

  5. U.S. Chassis FleetTotal Est. 750,000

  6. Industry Changes / The Supply of Chassis to the Motor Carrier by the S.S. Lines • Traditionally, Motor Carriers could access S.S. Line chassis @ Marine Terminals and Railroad Ramps & not be billed for the use of the chassis. • Recently, various S.S. Lines have declared that the Motor Carrier must provide their own chassis in various USA locations. • Philadelphia is one of the locations, named by several lines, that Motor Carriers must provide their own chassis.

  7. Motor Carrier Options • Motor Carrier to secure their own fleet. • Straight Chassis Lease from Flexi-Van Leasing, Inc. 16 locations throughout the U.S.A. and 1 location in Canada. • Flexi-Day Program – daily rental rate/ pick and drop chassis same day. • Chassis Pool User Agreement- access chassis @ Marine Terminals, Railroad Ramps & container yards.

  8. Servicing Philadelphia Currently, Flexi-Van Leasing, Inc. provides chassis to Motor Carriers from it’s facility in Camden, New Jersey: Reliable Trailer 2630 Mt. Ephraim Avenue Camden, New Jersey 08104 856-962-7900 Chassis types available: 20’ sliders, 40’ gooseneck, 45’, 20’ &40’ triaxle, 20’ tank and 40’ tridem chassis.

  9. Future Plans for Philadelphia Flexi-Van intends to expand it’s chassis operation into Philadelphia to provide near and on dock access to chassis.

  10. Current Chassis Shortages • Motor Carriers to lease chassis on a long term agreement to ensure availability of chassis. • Daily leasing from multiple chassis providers in and around the Philadelphia area. • More than one chassis provider on water terminal, rail ramps – giving the Motor Carrier a choice of vendors and the ability to negotiate pricing.

  11. Potential Monopoly on Pier Located Chassis – Flexi-Van’s look into the future:

  12. -FMCSA Regulations-Impact of these Costs to Flexi-Van Leasing, Inc. • As a leasing company, we have always followed D.O.T./IICL criteria when repairing chassis. • Registering chassis in the GIER and following up on DVIR’s (Driver Vehicle Inspection Report’s) & DVER’s (Driver Vehicle Examination Report) has had a nominal effect on FV’s costs.

  13. THANK YOU ! Vincent CitarellaVice President - Sales908-276-8000 908-313-1097vcitarella@flexi-van.com

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