Decrease of the quarterly results of CAI International



In according to trimester of the 2019 revenues of the intermodal charter of container CAI International they are piled to 112,0 million dollars, with an increase of +6.0% on the same period last year, of which 75,8 million dollars generated from the chartering of containers (+10.9%). The rise of the volume of transactions is attributable essentially to the increase of the consistency of the fleet of the company that on 30 June was pairs than more 1,6 million container teu (+18.4% on on June 30, 2018), of which 1,5 million teu of property (+20.1%). The operating profit has been of 32,4 million dollars (- 18.9%) and the profit clearly of 9,3 million dollars, with a decrease of the -54,0% on the period April-june of 2018.

Commenting the performances obtained from the company in according to trimester of this year president and managing director of the CAI, Victor Garcia, it has explained that, in spite of the elevated rate I use of the fleet of the society in the course of the period, CAI has not recorded the customary increment of the question that normally must have had beginning during according to trimester in sight one of the season of activity peak. "We consider - it has observed Garci'a - than the controversies in course between the United States and China on the custom offices has created uncertainty on the level of the activity of the commercial and economic exchanges to total level. As a result of this we do not attend a meaningful increase of the question of new container sinché not will be greater certainty on the outcome of the negotiations and not there will be a more solid economic scene. Therefore - Garci'a has announced - we have limited ours previewed increase of the investments in container during according to trimester to 27 million dollars".

About the prices of the containers, Garci'a has found that "the new prices of the container slightly are diminished to about 1.750 dollars for a new container from 20 ', but is finding an light increase of the orders by the navigation companies or of the charters of container. The used prices of the container - it has specified Garci'a - slightly are diminished in Asia, in particular in China where the majority of the units not used is found. However, in general terms, outside from Asia the used prices of the container they continue to being high because of high the percentages of I use recorded from the charters and of the little container returned available from the navigation companies".