Intermodal Container Leasing in the US - Industry Market Research Report

Intermodal Container Leasing in the US - Industry Market Research Report

  • September 2019 •
  • 32 pages •
  • Report ID: 4558188 •
  • Format: PDF
Outside the box: As the economy rebounds, higher trade volume will likely raise industry demand

Abstract

Intermodal Container Leasing
Operators in the Intermodal Container Leasing industry provide leases for intermodal containers, which are large standardized steel boxes used to transport cargo by ship, truck or rail. Overall, the industry has experienced volatility over the five years to 2019. Containers are commoditized and used to transport goods globally. Therefore, increasing demand in regions worldwide can drive up lease rates in the United States. While the industry maintained consistent growth at the start of the period, slow growth in emerging markets led to tempered global trade, negatively affecting industry operators. Excessive shipping capacity also placed an emphasis on competitive pricing and consolidation in the industry, limiting growth. Nevertheless, industry revenue has increased over the past five years. Over the five years to 2024, industry revenue is forecast to continue to expand. Continued trade growth in domestic and emerging economies will likely result in higher trade and overall freight volumes, thereby raising industry demand.

This industry leases intermodal containers for the long- and short-term needs of transportation companies and shippers. Intermodal containers can be transported on ships, trains and trucks. Due to the industry’s international nature, revenue is calculated based on the location of customers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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