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CAI International Inc (NYSE:CAP)
Industry: Services
CAI International, Inc. operates in the intermodal marine cargo container leasing business in the United States and internationally. The company leases, re-leases, and disposes of containers; and contracts for the repair, repositioning, and storage of containers. It provides its containers under long-term, short-term, and finance leases to container shipping lines, freight forwarders, and other transportation companies. The company also sells containers primarily to investor groups, and provides management services to those investors, as well as sells used containers on behalf of container investors. As of December 31, 2011, its fleet comprised 928,655 20-foot equivalent units. The company was formerly known as Container Applications International, Inc. and changed its name to CAI International, Inc. in February 2007. CAI International, Inc. was founded in 1989 and is headquartered in San Francisco, California.
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