Textainer sold to Stonepeak
NewsTextainer is the latest leasing company to have a new ownership structure following the decision of its management to sell the company to St...
Textainer sees a “soft landing” for container leasing in 2023
NewsShipping lines are returning some containers, but at this point not in numbers that the secondary market cannot absorb; 98% of containers ar...
Textainer stays on course
NewsAs demand for new containers starts to fall Textainer says its performance in Q2 “demonstrates the resilience of our business model in the...
Textainer results back in the black
NewsAfter making a loss in four consecutive quarters, Textainer returned to profitability in Q3 2017, with a profit of US$18.4M. The turnaround ...
Another testing year for dry box builders
NewsDry freight container manufacturers have faced a difficult 2017, with the challenge of switching to waterborne paints coinciding with a shar...
Buss deal
NewsTextainer’s managed fleet of reefer and dry containers has grown by 182,000 TEU, following the acquisition of the Magellan Mar...
Hanjin boxes pile up
NewsLeasing companies looking for unreturned containers leased to bankrupt Hanjin Shipping might want to pay a visit to rural properties in Onta...
Better times ahead in box leasing
NewsWhile 2016 was a year to forget, Textainer CEO Philip Brewer hinted the Hanjin crisis may have been the silver lining that forces the contai...
Reefer lease holds its position
NewsThe reefer box industry may have underperformed in 2016, but rental demand held up reasonably well....
More testing times for box lessors
NewsThe box leasing sector saw fleet growth stalled by weaker demand and record disposals in 2016, with the demise of Hanjin Shipping a further ...
Hanjin collapse hits Textainer and Triton
NewsTextainer booked a loss of US$52.3M in Q3, which included US$44M in impairments, increased bad debt expense and lost revenue from the collap...
Textainer’s Hanjin number
NewsThis month, Textainer made an important disclosure regarding its potential liability in the fallout from Hanjin’s failure. “As of 2 Sept...
Box builders face tougher times
NewsReefer production recovered strongly in 2015, but the outlook for 2016 is less assured as demand has weakened again and the main manufacture...
Box prices back to 2002 levels
NewsNew container prices fell 25% last year to below US$1400 for a 20ft dry box - a level not seen since 2002....
Leasing sector heads into the doldrums
NewsThe global box leasing industry suffered a significant setback during 2015, when it purchased proportionally fewer new dry freight container...