CAI International, Inc. (NYSE:CAI) Files An 8-K Regulation FD Disclosure
Item 7.01.
Regulation FD Disclosure. |
On June 19, 2017, CAI International, Inc. (the Company) issued a
press release relating to the expansion of its revolving credit
facility and other updates. A copy of the press release is
furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 8.01. |
Other Events. |
On June 19, 2017, the Company issued a press release announcing a
proposed offering of asset-backed notes. A copy of the press
releases is filed as Exhibit 99.2 to this Current Report on Form
8-K, and is incorporated herein by reference.
Item 9.01. |
Financial Statements and Exhibits. |
(d) Exhibits
99.1 Press release issued by CAI International, Inc. dated June
19, 2017, relating to the expansion of its revolving credit
facility and other updates.
99.2 Press release issued by CAI International, Inc. dated June
19, 2017, relating to the proposed offering of asset-backed
notes.
About CAI International, Inc. (NYSE:CAI)
CAI International, Inc. is a transportation finance and logistics company. The Company purchases equipment, which it leases primarily to container shipping lines, freight forwarders and other transportation companies. The Company operates through three segments: container leasing, rail leasing and logistics. It also manages equipment for third-party investors. In operating the Company’s fleet, it leases, re-leases and disposes equipment and contract for the repair, repositioning and storage of equipment. Its equipment fleet consists primarily of intermodal marine containers. The Company owns a fleet of railcars of various types, including 50 feet and 60 feet box cars for paper and forest products; covered hoppers for grain, cement, sand and plastic pellets; general purpose tank cars that are used to transport food-grade and other non-hazardous commodities; gondolas for coal, and general service flat cars. It also offers intermodal, truck brokerage and logistics services.