Trifleet to Manage Tank Containers for Textainer

Trifleet to Manage Tank Containers for Textainer

Textainer Group Holdings and Trifleet Leasing have signed an agreement under which Textainer will invest in new intermodal tank carriers to be managed by Trifleet, marking Textainer’s entry into the tank container market.

Trifleet will acquire and lease the tank containers — which are used to transport and store liquid foodstuffs, chemicals and gases — on behalf of Textainer, serving as its manager in the intermodal tank container market. Both companies will continue to operate independently. Financial details of the deal were not disclosed.