Textainer moves for Seaco
NewsIt has emerged that Textainer is in talks to acquire Seaco Global, a deal that would almost certainly raise issues about the level of market concentration in the container leasing industry.
Box lessors face more challenging times
The world’s container leasing industry is bracing itself for its first downturn in over three years. The recent build-up of equipment stockpiles at factories has triggered a drastic cut-back in purchasing, while per diem rates are falling faster than new box prices.
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