As we enter 2011, the container and chassis leasing industry finds itself well positioned to meet equipment lease demands as the world economy stabilizes and grows.
Global container manufacturing levels are expected to exceed 3 million TEUs in 2011, with container inventories reaching a record high of more than 29 million TEUs. The increasing demand for U.S. domestic 53-foot containers will require additional chassis to permit efficient movement of the units. Leasing companies will actively participate in these markets, providing great sourcing of equipment and fleet flexibility.
The U.S. chassis market is going through a transition period that likely will result in a new configuration. Although navigating this changing course line will be challenging, success will be measured in the continuation of providing efficient and effective service to the customers of the container industry.
Renewed focus is expected on increasing the sustainability of resources, goods and services as economies emerge from the downturn and global demand grows. In international transportation, collaborative efforts will be required among the many parties involved to maximize the benefits and minimize the costs as equipment and systems designs are refined to achieve greater sustainability.