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You are here: Home Archive 2010 August Weekly Edition 12th August Revenue rises at CAI International

Revenue rises at CAI International

by Gavin van Marle, London last modified Aug 17, 2010 04:13 PM

CONTAINER leasing company CAI International reported revenues of US$17.4m for the second quarter of 2010, a 4%year-on-year increase, while net profit jumped 72% from US$3.3m to US$5.7m.

Chief executive John Nishibori said the outlook remained bright.
“We believe Clarksons and many of our customers had underestimated the level of containerised trade growth for this year and thus containers had quickly become short,” he said.
“The outlook for...

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