Textainer moves for Seaco
NewsIt has emerged that Textainer is in talks to acquire Seaco Global, a deal that would almost certainly raise issues about the level of market concentration in the container leasing industry.
Box demand has picked up strongly this year. With shipping lines severely cash-strapped, leasing companies are rushing to fill the gap.
After weathering one of the toughest global recessions on record last year, many dry freight container lessors are modestly upbeat about their prospects for 2010.
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This complete item is approximately 4000 words in length, and appeared in the April 2010 issue of WorldCargo News, on page 36. To access this issue download the PDF here.
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