Confronted by the worst market downturn in over five years, container leasing companies have drastically cut their investment in new equipment during 2001
As has been widely reported in recent months in WorldCargo News, the latest container industry downturn has had a severe impact on the box leasing sector. Faced with falling utilisation, and mounting stockpiles of newbuild and off-hired container equipment, leasing companies are severely reducing their purchasing plans for 2001 and look set to receive one of their lowest deliveries in almost a decade....
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Approx 4000 words from WorldCargo News, August 2001,
page 27.
