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What are the different types of container leasing arrangements?

Advancing at a compounded annual growth rate of 17%, the shipping container leasing market is poised to reach US$7.10 billion by 2026. Leased containers are gaining popularity because it offers freight forwarders and shipping lines a level of flexibility that’s not possible with shipping liner-owned containers. It’s no wonder that 52% of the world’s shipping …

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Key factors that ensure profitability in the container leasing business

Business organizations compete fiercely in the marketplace to stay ahead of the competition, maintain profitability, and cultivate a brand image that speaks for itself. Today’s business leaders run operations globally, display exemplary leadership traits, build competitive advantage, steer success across different verticals & industries and foster excellent customer relationships. Containerization has set in motion a …

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Container leasing – How technology is powering its day-to-day functions

Container leasing companies own 52% of the world’s containers. In 2019, the container leasing market size touched US dollars 5.20 billion and it is increasing at a compounded annual growth rate of 17%. Shipping container leasing companies rent containers to investors who require them for transporting merchandise, storage, housing and a host of innovative concepts …

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Augmenting maintenance & repair processes in container depots and terminals

Today’s increasingly competitive business environment underscores the need for companies to apply the most modern technological tools to stay competitive, meet company objectives and keep stakeholders and customers satisfied. IT-enabled business efficiency tools contribute to overall work efficiency and optimal utilization of time and resources, minimizing the chances for errors while executing various work processes …

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