Industry Analysis & Industry Trends
All aboard
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 - Industry Products Chapter
Long-term container leasing
Long-term container leasing is expected to account for the majority of industry revenue at 68.5% in 2012. The lease agreements typically specify the number of containers to be leased, the pick-up and drop-off locations, the applicable lease rate and the lease term. Long-term leases are usually on a fixed basis and range from three to eight years in duration. Most of these leases require that the lessees maintain the units and make scheduled lease payments on a monthly or yearly basis, depending on the duration of the lease. Additionally, some long-term leases have early termination options and interchangeability of container options to give the lessee flexibility to alter their total number of containers in response to economic conditions... purchase to read more