It is in Hamilton, Bermuda that Textainer Group Holdings keep their main office. The business is listed on the New York Stock Exchange under the ticker symbol TGH. It is in the industry of rental and leasing services that the company thrives in.
Marine cargo containers are the focus business of Textainer. This holding company purchases, leases and resells these containers since its inception in 1979 and generates more than $528.9 in revenue. Based on fleet size, the company is considered as the largest lessor of intermodal containers in the world. They have over 2 million containers that they own an a million others that are under their management. These containers are leased to shipping lines that number to over 400 companies. Not only is the business the largest lessor as they also hold the title of being the largest seller and one of the largest purchasers of containers in the world. These containers can be brand new or used and categorized as refrigerated intermodal containers, dry freight specials and standard dry freight.
As a seller, they dispose over 100,000 containers yearly and more than 1,000 customers contact the business regarding these sales. They have two operating subsidiaries: Textainer Limited (TL) and Textainer Equipment Management Limited (TEML). Textainer Limited has two sub-companies: Textainer Marine Containers Limited (TMCL) and TW Container Leasing Ltd. (co-owned by Wells Fargo Container Corp.).
Textainer Group has four regional offices: Americas Region (New Jersey), European (London), North Asia (Yokohama) and South Asia (Singapore). They have 13 offices worldwide and has over 400 depots. Through their financial leasing programs, they offer short and long term leases and offers their services to some of the world’s leading international shipping lines.
The current replacement value of all their assets is estimated to be around $6 billion. For a multi-billion venture, the company only employs over 160 employees around the world.