Tank container lessor CS Leasing recently acquired Triton International’s ISO tank fleet.

The investment expands the global portfolio of CS Leasing’s ITE Management-managed platform, increasing its fleet to nearly 70,000 ISO tanks and dry freight “specials” deployed across four continents, the company reported.

“Customer supply chains are becoming increasingly localized, interconnected, and time-sensitive, making dependable access to equipment more critical than ever,” Tim May, CS Leasing chief operating officer, said in a news release. “This acquisition strengthens our operating network, enabling us to deliver more responsive service and reliable equipment where and when our customers need it most.”

As liquid bulk supply chains continue to evolve toward more regional production and distribution networks, the need for readily available tank container equipment continues to grow, the company maintained. Through this acquisition, CS Leasing is expanding its presence in Europe while strengthening coverage across key global trade lanes. The transaction also reflects ITE’s approach to investing in critical transportation verticals with “durable, recurring cash flows, and essential demand“ across market cycles.

The transaction was completed through funds managed by ITE.

“Tank containers are an essential part of global commerce, and we believe the sector will continue to benefit from greater operational scale and long-term capital investment,” said Jennifer Polli, head of intermodal at ITE. “This acquisition reflects our conviction in the market’s long-term fundamentals and our commitment to building a stronger, more diversified global tank container platform that positions CS Leasing for continued growth.”