Independent journal on economy and transport policy
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Improvement of the economic results of CAI International in the third trimester
Garci'a: we have recorded an increase of the container question is in Asia that in Europe
October 29, 2014
In the third trimester of this year the American society of chartering CAI International container has recorded a profit clearly of 16,4 million dollars on revenues for 59,2 million dollars, with increments respective of +6.9% and +9.8% on the same period of 2013. The operating profit is piled to 27,2 million dollars (+3.7%).
In the first nine months of the 2014 American company it has totaled a profit clearly of 44,1 million dollars, with a bending of the -8,7 regarding 48,3 million dollars in the period January-september last year. The revenues have attested to 168,8 million dollars (+6.9%) and the operating profit to 75,9 million dollars (- 7.3%).
Speaking about the perspectives of the market the managing director of CAI, Victor Garcia, it has remembered that "to Alphaliner september it has previewed that in the 2014 traffic of the containers grows of 5.2%. If in the 2015 world-wide economic increase it will be raised - it has found Garci'a - then previews that also the containerized trade would have to increase the next year. However we are attention to eventual modifications in the expectations of world-wide the economic increase since this is probable that it has an impact on the question of our container. The recent economic indicators have shown a sure total economic weakness, in particular in Europe. However during the slid trimester an increase of the question of our container is recorded is in Asia that in Europe and we continue to have demanded in these regions. We are satisfied of this trend, but - it has concluded Garci'a - we will continue to monitor eventual variations of the question".
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