Have you ever been curious to know who owns the world’s shipping container fleet? We might instinctively come to the conclusion that the shipping lines themselves own this entirely, but the fact is, it is the leasing companies who own over 52% of these containers, while the shipping lines own the balance with a tiny …
Why is leasing containers a more viable option than owning? Read More »
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 …
Container leasing – How technology is powering its day-to-day functions Read More »
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 …
Augmenting maintenance & repair processes in container depots and terminals Read More »
Profitability, sustainable growth and customer satisfaction are the chief attributes that contribute to the success of business organizations. One of the primary areas where an organization must focus to reduce costs and increase profitability is the optimal use of capital equipment to extend their lifespan with regular inspections and maintenance. Companies engaged in container depot …
Shipping containers are indispensable to global trade and they function as the backbone of the commerce industry. 90% of the international imports and exports by volume take place through shipping containers cruising the seas. The number of containers in operation is rising substantially with the ever-growing trade and commerce among nations. Containers travel through various …
