Independent journal on economy and transport policy
18:27 GMT+1
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Garci'a (CAI): he will continue the favorable trend for the field of the chartering of the container
The American company has closed 2011 with an increment of 76.8% of the profit clearly
February 22, 2012
In the 2011 economic results of the society of chartering and intermodal sale of container CAI International has recorded an sensitive increase. The American company has closed the exercise anniversary with a profit clearly of 50,2 million dollars, with an increase of 76.8% regarding exercise 2010. The revenues have grown of 61.4% attesting itself to 125,7 million dollars and the operating profit has totaled an increment of 111.3% to 78,0 million dollars.
CAI International has specified that last year the revenues generated from the activity of chartering of the container are piled to 106,7 million dollars, with a progression of 64% regarding 64,9 million dollars in 2010, increase - has explained the company - due mainly to the increase of 39% of the medium number of container teu of property of the society that is taken rental and to the increase of 20% regarding 2010 of the every day medium hire of the property fleet.
The managing director of the American company, Victor Garcia, has remembered that in 2011 CAI International record of beyond 415 million dollars has taken in delivery container for a total value and that "great part of this investment in means - has emphasized - has been already place rental in the long term with every day hires who are remarkablly advanced regarding 2010". In the 2011 medium rate I use of the fleet of the society has been of 97.6%.
In the single period October-December of 2011, that it has turned out the trimester of the year with the economic performances less shining, CAI International has obtained a profit clearly of 12,9 million dollars on revenues for 36,2 million dollars, with increases respective of 23.1% and 43.7% on the last trimester of 2010. The operating profit has grown of 43.5% to 20,9 million dollars.
Garci'a has manifested confidence for the prosieguo of the activity of the company: "we are optimistic about the perspectives for 2012 is for the entire industry of the chartering of the container is for CAI in particular", it has explained. "We preview - it has added - that the container question will grow in the course of according to trimester of 2012 determining an increase of it uses of our current fleet and an increase of the question of chartering of container of new construction. Our expectations are based on the forecast that 2012 will be another year of increase of the containerized transport. The forecasts of January of Clarkson Research indicate for a 2012 increase of 8% of the containerized transport, a comparable level to that of 2011".
"The previewed increase of the traffic, the current one elevated level of I use of the fleets of the charters, the limited level of the production of the container from half 2011 and our conviction that the navigation company has of limited budgets for the purchase of container in the next year - has concluded Garci'a - they are all factors that I consider will lead to new a market favorable to our continuous investment in container that will generate a prosecuzione of the increase for our company".
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