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Swift Intermodal acquires BNSF-leased 53-foot containers
Swift Intermodal Ltd. and BNSF Railway Company announcedthat they have reached an agreement for Swift to acquire approximately 3,800 53-foot containers currently leased by BNSF which are part of the North American Container System (NACS) program.“We believe Swift’s proven expertise in the marketplace should maximize the utilization of this fleet, thus creating additional shipping capacity for the entire intermodal community,” says John Hickerson, BNSF vice president, Domestic Intermodal. “In addition, this change will allow BNSF to improve its intermodal facility operational fluidity.”
Dan Beers, president, Swift Intermodal Ltd., says, “This acquisition allows Swift to enhance its intermodal offerings to both our retail and wholesale customer base. This capacity, along with excellent rail service, provides Swift the opportunity to meet the growing needs of the intermodal shipping community.”
BNSF plans to allow the free interchange of the remaining containers sponsored by NACS that are still in service through December 31, 2006. NACS is a North American doublestack network encompassing almost every major US market. It is designed to facilitate the free interchange of 48- and 53-foot domestic containers among member railroads without restrictions.
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