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News Stories (18 Results) - Intermodal

U.S. railroads experienced a further deterioration of their price advantage for domestic intermodal shipping compared to trucking in the second quarter, according to a new index by IHS Markit. This latest contraction in the domestic intermodal... Read Story
August 30, 2019, 07:05 AM


U.S. railroads experienced a further deterioration of their price advantage for domestic intermodal shipping compared to trucking in the second quarter, according to a new index by global business information provider IHS Markit. This latest... Read Story
August 19, 2019, 07:05 AM


CS Leasing announced the appointment of Mike Krengle as Vice President of Operations. This latest addition to the senior management team comes as the company continues to grow its customer base with a global portfolio of container equipment, finance... Read Story
August 16, 2018, 07:15 AM


Trailcon Leasing announced plans to build new facilities in Edmonton and Calgary to support current and future growth. Construction of the state-of-the-art facilities will begin in May of this year, with completion scheduled for Q2 2019.“Trailcon has... Read Story
February 07, 2018, 07:00 AM


SeaCube Container Leasing Limited announced the appointment of Robert F. Sappio to the position of Chief Executive Officer, effective immediately. Mr. Sappio will be based in SeaCube’s headquarters in Woodcliff Lake, New Jersey.Sappio brings... Read Story
June 08, 2017, 07:11 AM


FTR’s Intermodal Competitive Index (ICI) rose again in September to a reading of 4.95.  The updated September reading, in moderately favorable territory, reflects increased utilization rates in the over-the-road truck market and stabilizing fuel... Read Story
November 22, 2016, 07:00 AM


FTR’s Shippers Conditions Index (SCI) for July, showing a miniscule improvement from June, remains at a near neutral reading of -0.1.  The index will continue to hover around equilibrium until early 2017 when steady increases in regulatory drag will... Read Story
September 27, 2016, 07:15 AM


FTR’s Shippers Conditions Index (SCI) for April rose marginally to a reading of 1.5, up from 0.4 in March.  The new reading reflects improved market conditions for shippers as freight demand remains sluggish.  The SCI is at its highest sustained... Read Story
July 06, 2016, 07:09 AM


Triton Container International Limited and TAL International Group, Inc. jointly announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. The transaction, which... Read Story
November 10, 2015, 07:04 AM


Wood Creek Capital Management, LLC (“Wood Creek”) announced it has completed the merger of Milestone Equipment Holdings (“Milestone”), US Trailer Holdings I and II (collectively, “USTH”) and Quest Capital Group (“Quest”). The merger adds... Read Story
July 13, 2015, 06:31 AM


Milestone Equipment Holdings, LLC announced the appointment of Sarah Johnson as President of Highway Branch Operations, effective immediately. She will step into the role previously held by Stephen Ellison, who is retiring, and will report to Jeff... Read Story
January 22, 2015, 07:03 AM


Beacon Intermodal Leasing, LLC (“Beacon”) announced it has become a wholly-owned subsidiary of Mitsubishi UFJ Lease & Finance Company Limited (“MUL”). The transaction closed on November 13, 2014. Beacon is one of the world’s fastest growing marine... Read Story
November 17, 2014, 07:05 AM


In a strong second quarter showing, intermodal posted gains across all segments, according to the Intermodal Association of North America’s (IANA) Intermodal Market Trends & Statistics report. International containers increased 9.6 percent, trailers... Read Story
August 14, 2014, 05:40 AM


Textainer Group Holdings Limited ("Textainer"), the industry leader in container leasing, announced the award of the U.S. Department of Defense Container Management Streamlining ("CMS") Master Lease Contract. Textainer successfully completed 10 years... Read Story
January 07, 2014, 06:58 AM


Transport Topics reported U.S. rail intermodal traffic posted the highest volume for the month of March on record, according to the Association of American Railroads.According to the report, March intermodal traffic rose 0.5% to 933,208 units over... Read Story
April 08, 2013, 06:48 AM


SeaCube Container Leasing Ltd (SeaCube) one of the world’s largest lessors of intermodal freight containers, reported results for the second quarter ended June 30, 2012. Adjusted net income was $13.3 million for the second quarter of 2012 compared to... Read Story
August 07, 2012, 06:31 AM


A fleet of approximately 27,000 over-the-road trailers previously owned by Transport International Pool, Inc. ("TIP"), a subsidiary of General Electric Capital Corporation, was acquired by Wood Creek Capital Management ("Wood Creek"), Bowman Sales... Read Story
July 20, 2012, 07:19 AM


CAI International, Inc., one of the world’s leading lessors of intermodal freight containers, reported that it has entered into an $85 million senior credit facility for the acquisition of rail cars. The senior credit facility is a three-year... Read Story
June 15, 2012, 07:00 AM