Tankspan Leasing looks to the future with RAM software

International tank container lessor deploys specialist intermodal equipment leasing software to support company growth

ITankspan Leasing Ltd has become the latest tank lessor to implement specialist intermodal management software from Real Asset Management plc (RAM). The UK-headquartered tank container lessor has replaced its previous system with RAM's Rental4000 solution, developed specifically for the international tank and container leasing industries.

Founded in 1996, Tankspan now controls a lease fleet of 3200 tank containers in various specifications, including units for the carriage of foodstuffs, chemicals and liquefied and refrigerant gases. Equipment is leased out under a range of term contracts, including operating lease and lease purchase. Fleet administration and marketing is managed by the company's central office in Surrey, UK, supported by a worldwide network of agencies and depot facilities.

With a growing client base and an ongoing new production programme for both standard and special equipment, the company wanted to ensure that it had the right systems in place to support future expansion. "Tankspan is a well-established leasing company with administration and systems which have met all needs to date," says Managing Director David Moon. "However, we are now looking to the future as regards additional fleet growth. To ensure we continue to compete effectively, we need to have systems which will keep pace with the envisaged growth and enable our administration, marketing and IT personnel to continue providing clients with the high standard of service and response expected."

Moon explains that the company selected Rental4000 as its preferred solution based on RAM's established track record with a number of leasing companies and good recommendations from various industry sources. Other tank container leasing companies now using Rental4000 include Taylor Minster Leasing and Peacock Container BV.

Adds Moon: "We expect the system to significantly improve on administration, management time and management reporting and so identify where further cost efficiencies can be achieved, which in turn we expect to continuously improve on the level of service provided to our clients." "Real Asset Management is delighted to add Tankspan Leasing to its customer base," says Craig Anthony, General Manager at RAM. "It is exactly the type of company that will benefit from the team's extensive industry experience and we look forward to a long and successful working relationship."