Textainer Container Fleet Reaches 3-Million TEU Mark

MarineLink.com
Monday, December 16, 2013
Image courtesy of Konecranes

Container leasing company, Textainer Group Holdings Limited, say that their their fleet surpassed 3 million TEU representing a major milestone for the company as well as the industry.

“We are very proud to be the first leasing company to reach 3 million TEU,” commented Philip K. Brewer, President and Chief Executive Officer of Textainer. “To appreciate the magnitude of this feat and put that quantity in perspective, if laid end-to-end, our containers would stretch from Los Angeles to Tokyo and back.”

“Reaching a fleet size of 3 million TEU confirms the confidence that our customers have placed in us since our founding almost 35 years ago. We are grateful for their ongoing support and also want to thank our business partners, container manufacturers and depots,” added Robert D. Pedersen, President and Chief Executive Officer of Textainer Equipment Management. “We celebrate this significant achievement with our loyal customer base and dedicated employees.”

About Textainer Group Holdings
The company has operated since 1979 and says it is the world's largest lessor of intermodal containers based on fleet size. Textainer leases containers to approximately 400 shipping lines and other lessees and sells containers to more than 1,100 customers worldwide and provides services worldwide via a network of regional and area offices, as well as independent depots.

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