SUCH and CAI preview a positive evolution of the market of the chartering and sale of container



The societies of chartering and sale of container SUCH International Container Corporation and CAI International, Inc. they have archived item the first trimester of 2012 with an increase of the economic results. More emphasized the progression of the performances of the CAI, that it has closed the period with a profit clearly of 14,4 million dollars on revenues for 39,4 million dollars, with increments respective of 12.5% and 42.0% regarding the first three months last year; the operating profit is piled to 22,9 million dollars (+23.6%).

"Even if, as expected, the rate I use of the fleet light is dropped in the first trimester - the managing director of the CAI, Victor Garcia has commented - we continue to being optimistic about the question of container for the remaining part of 2012. On the base of the reservations that we have it is for the container new that for those which we have to warehouse, we consider that the container question will grow in the course of according to trimester of 2012 determining an improvement of uses it of our fleet in the course of the remaining part of the year. We are assisting - it has continued Garci'a - to an increase of the question of container new by our customers, that it has determined a decided increase of the price of the demanded container new from the producers. Consequently we expect that in the course of the 2012 there will be an increase of the question of unit to warehouse and a continuous strengthening of the market of the used resale of container. Because of the destined sparsity of container to the sale we are thinking to increase the prices in some of the areas that anticipate greater question. We consider that the current high level of the question will continue for the remaining part of the year generating other opportunities of increase for our company".

In the first trimester of this year SUCH International has recorded a profit clearly of 32,9 million dollars on revenues for 138,3 million dollars, with increments respective of 1.0% and 11.1% on the same period of 2011. The operating profit has been attested to 74,6 million dollars (+12.8%). Manifesting satisfaction for the results achieved in the first three months of 2012, president and CEO of SUCH, Brian M. Sondey, has emphasized that such results "constitute an optimal start of what we preview will be another exceptional year". "One previews - it has found Sondey - that this year the increase of the traffics will continue to being consisting. The majority of our customers - it has added - continues to being reluctant to acquire container directly new. The purchase price of container new is increasing remarkablly from the beginning of the year with the seasonal increase of the question and the used selling price of the container remains elevated, with a refuse from the reached levels of peak last year less emphasized regarding how much we previewed". "For the future - it has concluded - we expect that the current optimal conditions of the market will continue for all the year".