Bullish news on container shipping keeps pouring in, implying demand strength through February 2021 — if not longer.
The latest green light comes from container-equipment lessor Triton International (NYSE: TRTN). Triton, the largest player in its sector, reported Q3 2020 results Friday and described Q4 2020 demand for equipment as “exceptionally strong.”
Ocean carriers generally lease more than half their boxes from companies like Triton. The carriers’ forward visibility on shipper demand drives...
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