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 - Industry SWOT Analysis Chapter
The Intermodal Container Leasing industry is in a growth stage of its life cycle. Over the 10 years to 2017, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to grow at an average rate of 4.8% per year. In comparison, US GDP is forecast to rise at an average rate of 1.9% annually during the same period. This discrepancy between IVA and GDP usually indicates an industry in the midst of growth.
The industry's downstream markets are expanding. Especially with regard to international trade, the low value of the dollar has spurred US exports to developing economies in Asia and Latin America. In turn, these shipments require containers leased from this industry... purchase to read more