Textainer Profits, Revenue Up Sharply on High Container Utilization
Textainer Group Holdings said net income for the third quarter ended Sept. 30 grew 10.6% to $50.7 million, and revenue was up 11.7% to $122.3 million. It said utilization of its containers continued at "very high levels," averaging 97.9% during…
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the third quarter, and it invested a record of more than $1 billion in new and used containers year to date, including more than $155 million of purchases from its managed fleet in the third quarter.