Textainer Equipment Management (US) Ltd. says it will try to increase its container fleet to almost 90,000 by year's end.
The San Francisco-based container leasing company now owns the equivalent of about 60,000 20-foot containers.Textainer said it has just bought 2,200 40-foot containers from Topgallant Group Inc. of New York. The boxes were originally built for Hyundai for the now defunct United States Lines.
With the purchase, Textainer has bought nearly 3,000 40-foot U.S. Lines containers. The company said it is trying to buy more.
Orders of new equipment for 1989 total the equivalent of about 13,000 20- foot boxes. These include 3,500 20-foot, 4,000 40-foot, and 800 40-foot boxes.
John A. Maccarone, recently named vice president of marketing, said Textainer is trying to diversify into the 40-foot container business. Textainer's current fleet is mostly the shorter boxes.
Prices are so high for new containers that the company is trying to find as many used boxes as possible, he said.
The orders for new boxes are from Korea, South Africa, and the Eastern Bloc, he said.
Textainer's head office is in San Francisco, but the company is incorporated as Textainer Equipment Management NV and based in the Netherland Antilles.