January 12, 2017
ATEL Leasing Corporation (“ATEL”) is pleased to announce the following three transactions funded in Q4 2016.
Walmart Transportation, LLC
ATEL continues its long-standing relationship with Walmart; this time for over $18MM of Refrigerated Trailers. ATEL’s relationship with Fortune #1 dates back to 1994.
Walmart is the world's largest company by revenue, as well as the largest private employer in the world with 2.2 million employees.
Rich Logistics, subsidiary of Roadrunner Transportation Systems (RRTS)
ATEL priced, structured and arranged the $16 million lease financing of 53’ Wabash Dry Van Trailers.
Rich Logistics is a trucking company that provides premium logistics services based out of Little Rock, Arkansas. Rich offers premium dedicated freight shipping to and from any location in North America.
Tesla Motors, Inc.
ATEL completes its first transaction with the renowned automaker for DMG Mori Linear Milling Machines.
Not just an automaker, Tesla is also a technology and design company with a focus on energy innovation. Tesla’s vehicles are produced at its factory in Fremont, California.