Container lessor sees expanding role

PO Management

Thursday, September 08, 2011

The head of the world's largest container leasing company said Wednesday he expects shipping companies to start adding containers to their fleets next year, with many relying heavily on leasing companies for new equipment. John Maccarone, president and chief executive officer of Textainer Group Holdings, said Wednesday that about 3.5 million containers will be added to the world fleet this year compared to 2.4 million in 2010. According to figures from Nomura Securities, in 2009 t...

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