CAI International, Inc.: A Global Intermodal Freight Container Leasing Company

Thanks to the expertise and entrepreneurial skills of several shipping industry veterans, CAI International, Inc. came to compete in the intermodal freight container leasing industry in 1989. Headquartered in San Francisco, California, the business continues to thrive in the industry as one of the largest in the world. It is now publicly traded on the New York Stock Exchange, where its common stocks are marketed under the symbol CAP.

In 2007, the company got incorporated and is registered as an equipment leasing and management company. There are two reporting segments within the business: equipment leasing and equipment management. Through its expertise in container and rail car leasing and investment management, the business has significantly grown through the years and continue to provide value to its shareholders. There are more than 280 customers around the world, who rely on the services offered by the company.

To further bolster their assets, the company continues to acquire both new and used equipment, these assets are then leased to their customers around the globe in various terms. Their customer base includes those freight forwarders, container shipping lines and several other transportation companies. At times, CAI International, Inc. also sells some of these assets to third party investors. CAI INternational also offers managing agreements on several portfolios of equipment for these investors. As an additional service, they also offer the marketing of used equipment on behalf of these business partners.

To maintain the quality of their assets, the company maintains several depot facilities in several countries. These hubs are responsible in repairing and cleaning their containers after they are returned by their lessees. Currently, there are more than 270 independent facilities in 46 countries that the business owns. Through the excellent customer service they offer, the company retains the majority of their customers. On average, their top 20 customers have contracts with the company for an average of 14 years.