Reefer container lessors faced a tough market in 2009, but it was not all doom and gloom as they accounted for more than half of all reefers purchased – a higher share than at any time since the mid-1990s. The outlook for 2010 is even more upbeat.

In the latest round of consolidation in the container leasing sector, Textainer, the world’s largest box lessor, has entered into an agreement to purchase the rights to manage Capital Intermodal’s 156,000 TEU fleet with effect from 1 July 2009.

Demand for standard dry freight containers may have hit the buffers last year in the wake of the global economic downturn, but reefer production held up remarkably well.

Reefer container lessors face increasingly tough times, with many more competitors active today than two years ago. But despite the worsening credit shortage, further investment is planned for 2009.

Despite the crisis in world credit markets and gloomy economic forecasts, over 675 delegates at the National Portable Storage Association (NPSA)’s Annual Convention in Las Vegas last month seemed upbeat about the business, testament to the continuing, and for some surprising, robustness of the North American container storage industry.

The latest round of consolidation in the container leasing industry has seen Capital Intermodal take over the management of the XINES fleet.

Reefer container lessors faced a tough market in 2009, but it was not all doom and gloom as they accounted for more than half of all reefers purchased – a higher share than at any time since the mid-1990s. The outlook for 2010 is even more upbeat.

In the latest round of consolidation in the container leasing sector, Textainer, the world’s largest box lessor, has entered into an agreement to purchase the rights to manage Capital Intermodal’s 156,000 TEU fleet with effect from 1 July 2009.

Demand for standard dry freight containers may have hit the buffers last year in the wake of the global economic downturn, but reefer production held up remarkably well.

Reefer container lessors face increasingly tough times, with many more competitors active today than two years ago. But despite the worsening credit shortage, further investment is planned for 2009.

Despite the crisis in world credit markets and gloomy economic forecasts, over 675 delegates at the National Portable Storage Association (NPSA)’s Annual Convention in Las Vegas last month seemed upbeat about the business, testament to the continuing, and for some surprising, robustness of the North American container storage industry.

The latest round of consolidation in the container leasing industry has seen Capital Intermodal take over the management of the XINES fleet.