The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.
Chinese container production still trails torrid demand. Ever Given accident was ‘icing on the cake’ — making box shortfall worse.
Cargo shippers hamstrung by the global container shortage should not expect a box building spree in China to come to their rescue.
A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
The $229 million deal comes as CAI International seeks to focus on its containing leasing business.
There are not enough containers in China to handle all the U.S.-bound cargo — and box factories are now sold out into Q2.
More recovery signals: container lease pricing up over 50% versus second quarter, new container prices up 40% year-to-date.
Bullish signal: Strong demand for box equipment extends into 2021.
New ocean container floor design developed and tested by the Institute of International Container Lessors over the past 10 years reduces wood use by up to 45%.
CAI International, one of the world’s largest container lessors, is reviewing strategic alternatives with the help of Centerview Partners.
CAI International Inc. (NYSE: CAI), a leading container-leasing and logistics company, said it had modest year-over-year growth in revenue from continuing operations in the third quarter but that it had a net loss because of its decision to seek a buyer for its railcar fleet. The company reported total revenue of $107.6 million in the […]
A senior representative of CAI International Inc. spoke on the company’s focus on refrigerated container units in the retail supply chain at the 2019 LINK supply chain conference.
The decision to evacuate towns and cities in southern China came as Hong Kong was left beaten by winds of up to 107 miles per hour and gusts of up to 138 mph.
