CAI International Inc.

Public Company, Headquarters Location
1 Embarcadero Ctr., Ste. 2101, San Francisco, CA 94111-3706, United States
(415)788-0100, (415)788-3430 fax, http://www.capps.com

Primary SIC: Equipment Rental & Leasing, Not Elsewhere Classified, Primary NAICS: General Rental Centers
Description: CAI International Inc. was founded in 1989 by Hiromitsu Ogawa as a traditional container leasing company that leased containers to container shipping lines. The company was originally incorporated under the name Container Applications International Inc. in the state of Nevada on August 3, 1989. On February 2, 2007, the company was reincorporated as CAI International Inc. in Delaware. On May 16, 2007, CAI International completed an initial public offering and began trading on the New York Stock Exchange. Headquartered in San Francisco, Calif., the company currently operates as a container leasing and container management company. The leasing segment purchases new containers, leases them to container shipping lines, freight forwarders and other transportation companies under long-term leases, short-term leases and finance leases. The container management segment retains the containers in its owned fleet or sells them to container investors and then provides management services. In operating the container fleet, the company leases, re-leases and disposes of containers and contracts for the repair, repositioning and storage of containers. As of December 31, 2008, the company's fleet comprised 778,000 containers, 31.3 percent of which were owned by the company.Services: Lessor of shipping containers.