Independent journal on economy and transport policy
07:16 GMT+1
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CAI International has closed fourth trimester 2013 with a profit clearly of 15,6 million dollars (- 10.5%)
the volume of transactions is increased of +9.4%
February 12, 2014
In the fourth trimester last year the society of intermodal chartering of container CAI International has recorded a profit clearly of 15,6 million dollars, with a decrease of the -10,5% regarding 17,4 million dollars in the correspondent period of 2012. The revenues have grown of +9.4% to 54,6 million dollars and the operating profit has recorded a bending of the -9,4% coming down to 26,8 million dollars.
In the entire exercise anniversary the 2013 American company has totaled a profit clearly of 63,9 million dollars, with an increase of +0.7% regarding the year precedence. The revenues are piled to 212,4 million dollars (+22.1%) and the operating profit to 108,7 million dollars (+5.6%).
The managing director of CAI, Victor Garcia, has declared himself satisfied of the results recorded from the company in 2013, "above all - he has specified - in consideration of the difficult conditions of market. We continue - it has explained - to assist to an increase of the revenues from the charterings, but this increase has suffered of a second half of the year in which we have not had the customary question of usually recorded peak season during the third trimester". ( on 30 October 2013).
Remembering that this year CAI celebrates anniversary own 25° being constituted in 1989, Garci'a has announced that for in 2014 an increase of the container question is attended "since - it has specified - the world-wide economies improve their economic and commercial rate of growth. The quota goods in the warehouses of the factories - it has added Garci'a - is inferior regarding the beginning of the past two years and considers that the navigation companies will continue to look to the chartering for a meaningful percentage of their necessities. The factories, than we expect will be in festivity for all the month of February for a been extended Chinese New Year's Day, currently in some cases are quoting prices more elevated for the container regarding the fourth trimester of 2013. We consider that this will encourage some companies of navigation to take in consideration the chartering before the prices of the containers increase ulteriorly".
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In the fourth trimester last year the society of intermodal chartering of container CAI International has recorded a profit clearly of 15,6 million dollars, with a decrease of the -10,5% regarding 17,4 million dollars in the correspondent period of 2012. The revenues have grown of +9.4% to 54,6 million dollars and the operating profit has recorded a bending of the -9,4% coming down to 26,8 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
