CAI International, Inc. (NYSE:CAI) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
CAI International, Inc. (NYSE:CAI) Files An 8-K Results of Operations and Financial Condition
EX-99.1 2 a52119684ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 CAI International,…
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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.