Verified Nov 2026
Other
·
Newark, New Jersey
·
Since 1972
PLM Fleet, headquartered in Newark, New Jersey, leases, rents, maintains, and manages refrigerated and frozen-food trailers. Founded in 1972, the company has an estimated 200-500 employees and an estimated revenue band of $100-250 million. It is privately held as a partnership between Mizuho Leasing Company and Marubeni America Corporation, and serves the food, automotive, electric-vehicle, renewable-energy, and industrial-equipment sectors. In 2025 it appointed Vincent Tesoriero as Chief Financial Officer.
PLM Fleet at a glance
Revenue
$100-250M
Est. band
Employees
200-500
Founded
1972
Headquarters
Newark, New Jersey
Industries
Automotive
Electric Vehicles
Renewable Energy
Industrial Equipment
Overview
PLM Fleet, headquartered in Newark, New Jersey, leases, rents, maintains, and manages refrigerated and frozen-food trailers. Founded in 1972, the company has an estimated 200-500 employees and an estimated revenue band of $100-250 million. It is privately held as a partnership between Mizuho Leasing Company and Marubeni America Corporation, and serves the food, automotive, electric-vehicle, renewable-energy, and industrial-equipment sectors. In 2025 it appointed Vincent Tesoriero as Chief Financial Officer.
At a glance
Attribute | Detail |
|---|---|
Founded | 1972 |
Headquarters | Newark, New Jersey |
Employees | 200-500 |
Revenue | $100-250M (estimated) |
What PLM Fleet makes
The company operates a fleet of approximately 15,000 trailers across more than 30 U.S. locations and offers the PLM TrustLink and PLM ColdLink monitoring technologies for cold supply chain visibility.
Products and capabilities described on the company's own site include LED (source: plmfleet.com).
Latest developments
2026-11-04 — PLM Fleet Named Top Workplaces 2026 Culture Excellence Award for Work-Life Flexibility (businesswire.com)
2026-09-10 — Please join us in welcoming Kyle White to the PLM Fleet team as our new Regional Account Sales Executive, Lease! | PLM Fleet (linkedin.com)
2026-02-02 — Food Logistics Names Rob Fortney Winner of the 2026 Rock Stars of the Supply Chain Award - PLM Fleet (plmfleet.com)
2025-10-09 — IDFA Welcomes PLM Fleet as a New Member! - IDFA (idfa.org)
2025-08-07 — Vincent Tesoriero Appointed Chief Financial Officer at PLM Fleet - PLM Fleet (plmfleet.com)
2025-07-09 — PLM Fleet Opens New Branches in Rochester and Philadelphia (plmfleet.com)
Company details
PLM Fleet is a partnership between Mizuho Leasing Company, LLC and Marubeni America Corporation, both of which are described as Fortune 500 companies. PLM Fleet was founded in 1972, has an estimated 200-500 employees, and is headquartered in Newark, New Jersey.
Frequently asked questions
What does PLM Fleet do?
PLM Fleet, headquartered in Newark, New Jersey, leases, rents, maintains, and manages refrigerated and frozen-food trailers. Founded in 1972, the company has an estimated 200-500 employees and an estimated revenue band of $100-250 million. It is privately held as a partnership between Mizuho Leasing Company and Marubeni America Corporation, and serves the food, automotive, electric-vehicle, renewable-energy, and industrial-equipment sectors. In 2025 it appointed Vincent Tesoriero as Chief Financial Officer.
Where is PLM Fleet headquartered?
PLM Fleet is headquartered in Newark, New Jersey (100 Mulberry St, Newark, New Jersey, 07102).
When was PLM Fleet founded?
PLM Fleet was founded in 1972.
How big is PLM Fleet?
PLM Fleet has an estimated 200-500 employees, with revenue in the $100-250M range (estimated).
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Last verified Nov 2026. Is this your company? Request a correction.
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