Tuesday, March 17, 2015

TAL International: One of the World’s Largest and Oldest Lessors of Intermodal Freight Containers


Intermodal freight containers are reusable steel box containers that are used to store and transport various products using intermodal freight transport system. The term intermodal signifies that the box can be used in various modes of transportation without having to unload its contents. Intermodal freight containers are also known as hi-cube container, sea container, ISO container, freight container and as shipping containers.

There are several companies around the world that offer these products to major transportation companies. One of the largest and oldest companies that offer these products is TAL International. Founded in 1963, the business offers their products and services to virtually all major shipping companies in the world. As an international business, its offerings are made available to more than 40 countries around the world. They have 230 third party container depot facilities and have 17 offices in 11 countries. The title one of the largest is justified by the company’s fleet of more than 2 million TEU of various containers.

There are five different types of containers that the company leases. These containers include Dry Freight Containers, Refrigerated Containers, Special Containers, Tank Containers and Chassis. These containers are used to transport various products. From clothing to electronic products, perishable items, frozen products, liquid items, chemicals, building products and huge machineries. The company ensures that the products they offer are able to withstand various conditions. To enhance the experience of their customers, the company ensures that they provide high quality items. They are able to acquire new containers from third parties and dispose aged boxes through their in-house equipment sales group.

Headquartered in Purchase, New York, TAL International operates two divisions within the business: Equipment Trading and Equipment Leasing. The company continues to generate more than $642 million in annual revenue and markets its common stocks on the New York Stock Exchange. It uses the ticker symbol TAL.

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