All three NYSE-listed container lessors - Textainer Group, TAL International and CAI - have posted strong second quarter 2008 results as shipping lines have curtailed their own newbuilding activities in favour of leasing in the face of rising container prices.
Textainer saw total revenues for the three months ended June 30, 2008 increase by 15% to US$69.6M, compared to US$60.7M in the corresponding period of 2007.The increase was underpinned by a 158%, increase in trading container sales proceeds to US$10.4M compared to US$4.0M in the prior year quarter....
Read this item in full
This complete item is approximately 450 words in length, and appeared in the August 2008 issue of WorldCargo News, on page 19.
Full-access subscribers only:Click here to download this issue now in PDF format
Click here to buy this issue, and download it now in PDF format
Click here to subscribe online to WorldCargo News now and get immediate access to this issue
Click here for a sample back-issue of WorldCargo News
Read related items
Click on the links below to read other news and features related to this item.
