Southern Tank Leasing was founded in Demopolis, Alabama, in 1991 to provide short-term tank trailer rentals. The company has since expanded into longer term rentals, repairs and sales of used trailers. In addition to its headquarters in Demopolis, Southern Tank Leasing now has offices and shops in the Southeast, Midwest and Gulf Coast.
In 2012, Southern Tank Leasing was acquired by Sprint Industrial Holdings. Sprint Industrial Holdings is a private holding company with four operating subsidiaries: Tidal Tank, Sprint Safety, Bealine Service Company and Southern Tank Leasing. All four companies provide specialized industrial equipment and services to the upstream, downstream and midstream sectors of the energy industry.