Industry Analysis & Industry Trends
The Intermodal Container Leasing industry is heavily dependent on large-scale domestic and international trade levels. Thus, as consumer spending fell during the recession and demand for goods across the economy dipped, fewer containers were needed for the transport of products. However, China's resilience and strong growth throughout the past five years, and the United States' close trade ties to that nation, kept demand for containers used for international trade high. As the US economy continues to recover, the industry is expected to keep growing at a brisk pace.... purchase to read more
Industry Report - Starting a New Business Chapter
The Intermodal Container Leasing industry has medium barriers of entry for new participants. Companies trying to enter the industry must have access to capital because they must purchase thousands of containers. Without a substantial number of containers, they are not able to compete with many of the established firms in this industry that manage hundreds of thousands of containers. Over the past five years, access to capital has decreased substantially due to the collapse of the financial markets. Many banks and other lending institutions tightened their credit requirements, which in turn slowed the entrance of new firms into this industry.
Companies also must be able to build strong relationships with shipping lines, rail transportation companies and freight trucking companies... purchase to read more