Subscribe to RSS feedLease companies plug the gap in box demand
A BIG beneficiary of the latest boom in container demand has been the global box lease industry, which has resumed investment with gusto in 2010 and is set to enjoy one of its most profitable years in a long time.
Its collective fleet utilisation had already surpassed 95% by June 2010, leasing reportedly close to an “unsustainable” level as depots around the world were emptied by shipping lines searching for ready box equipment.
The overheads associated with storage and repositioning...
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