Fleet Management

TradeOut Sells GE Capital Assets

June 21, 2000

SHARING TOOLS        | Print Subscribe
TradeOut, a B2B Internet marketplace based in Valhalla, N.Y., has completed the sale of $1.1 million of GE Capital assets from the Genstar division.

The transaction, involving 20 and 40 foot shipping containers, marks the first major
sale since GE Capital teamed up with TradeOut in May to assist in the sale of its off-lease assets and equipment.
Genstar, a provider of used shipping containers located in Stamford, Conn., is one of six GE Capital divisions that are participating in an alliance with TradeOut
that includes Penske Truck Leasing,
Transportation International Pool, GE Capital Auto Financial Services, GE Capital Fleet Services and GE Capital Commercial Equipment Financing. The TradeOut partnership allows GE Capital to sell off-lease equipment, including
trucks, cars, trailers, containers, plant
equipment and machine tools.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.


ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All