- A decade ago, CAI International was a shipping container lessor. When global trading was pressured midway through the decade, it focused on diversification.
- Despite impressive growth on the top line, diversification efforts didn't prove as fruitful on the bottom line. After exploring strategic alternatives, CAI opted to return to its roots.
- The company has already divested its logistics services business. Its railcar leasing business remains up for sale.
- The container leasing business is more fruitful - maintaining an industry-leading utilization rate with over 90% of its fleet on long-dated leases.
For further details see:
A More Fruitful CAI International Returns To Its Roots