Independent journal on economy and transport policy
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Quarterly results record for the charter of CAI International container
The consistency of the fleet of the company is gone up to 1,37 million teu
August 1, 2018
The American CAI International, one of the main intermodal world-wide charters of container, has closed the second trimester of the 2018 with levels record of the revenues and the operating profit that have attested respective to 105,7 million dollars and 39,9 million dollars, with increments of +27.8% and of +61.2% on the correspondent period of the 2017 (precedence the maximum peak of the revenues was established in the first trimester of this year and the precedence peak of the operating profit in the last trimester of 2017). Next to the level record it has been also the profit clearly recorded in the period April-june of this year that has been of 20,3 million dollars (+60.6%).
The volume of transactions record is obtained also thanks to the consistency record of the fleet of containers of the company that on 30 June has turned out pairs to 1,37 million teu, with an increase of +23.4% on on June 30, 2017. The increase of the number of containers of the business fleet is generated by the acquisition of container that has carried the total of containers of property to the level record of 1,29 million teu (+34.4% on on June 30, 2017).
In the first six months of the 2018 revenues they are piled altogether to 201,1 million dollars, with a rise of the +22, % on the first half last year, of which 133,0 million dollars determined from the activity of chartering of container (+23.2%). The operating profit has been pairs to 74,6 million dollars (+74.7%) and the profit clearly to 37,4 million dollars (+109.0%).
The president and managing director of CAI International, Victor Garcia, have emphasized the remarkable consistency of the investments carried out from the company in the course of the first semester of 2018, that they have turned out pairs to 630 million dollars. "The average life of the periods of chartering of the container in which we have invested this year, included those which they must be still taken in delivery - has specified - he is of about nine years. As it indicates our level of investments - Garci'a has explained - the container question is continued to being very important thanks to the force of the total economy and previews that such level will remain elevated in the remaining part of the year since we approach ourselves the months in which the historically question he is remarkable".
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