TGH
- Textainer Group Holdings Limited
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Overview
Company Summary
Textainer Group Holdings Limited (TGH) is a company that operates in the equipment leasing industry, specializing in intermodal shipping containers. Founded in 1979, Textainer is one of the world's largest lessors of intermodal containers, with a substantial fleet and a global presence.
The primary business of Textainer involves leasing intermodal containers to shipping lines, manufacturers, and other customers in the international transportation industry. Intermodal containers are large standardized steel boxes that are designed to be transported by multiple modes of transportation, such as ships, trains, and trucks, without the need to unload and reload their contents.
Textainer purchases containers from manufacturers, builds partnerships with shipping lines and other customers, and then leases out these containers for specific durations. These leasing agreements provide customers the flexibility to use the containers for their transportation needs without the necessity to purchase them outright. Textainer offers various types of container leases, including long-term leases, finance leases, and managed leases.
In addition to leasing, Textainer also offers container management services, including repairs, maintenance, and refurbishment of containers. The company operates its container depots across the globe, providing necessary services to ensure that containers are in optimal condition for transportation. This enables customers to have access to well-maintained and functional containers without the burden of managing the logistics themselves.
As a publicly traded company, Textainer generates revenue through the collection of leasing income, fees from container management services, and the sale of containers from its fleet. The company's extensive experience and global reach have positioned it as a key player in the container leasing industry, serving various sectors, including shipping, logistics, and manufacturing.
Overall, Textainer Group Holdings Limited plays a vital role in the global supply chain by providing cost-effective and efficient container solutions to enable the transportation of goods worldwide.