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06 May 2021 The on-line newspaper devoted to the world of transports 05:07 GMT+2

July 27, 2020

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Original news
Container rental rental revenues in the second quarter Tritons decreased by -5.1%

Net profit at 70.6 million dollars (-18.0%)

Triton International, the world's leading intermodal container rental, closed the second quarter of this year with revenues of US 321.4 million dollars, a decrease 5.1% over the same period of 2019. Operating costs are increased by 5.6% to 183.8 million dollars. Profit 144.2 million dollars (-18.4%) And net profit at 70.6 million dollars (-18.0%).

"The Covid-19 pandemic and the consequent extensive economic activity - commented the CEO of Triton, Brian M. Sondey -- have determined a significant reduction in global trade. Our customers believe that in the second quarter of 2020, transport volumes decreased by at least 15% compared to the second quarter of last year, and in the first half of the year taken delivery of our containers and the new agreements, however, the number of return and in the quarter the rate of utilization of our fleet decreased by only 0.5% to reach 94.8% to 30 June 2020.'

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