Container operator and transportation finance company CAI International is selling its remaining railcar fleet to Infinity Transportation, a transportation lessor and Global Atlantic Group subsidiary, so that it can concentrate on its container leasing business.
Infinity will buy the assets for $228.7 million in a deal that will close by Dec. 31.
“The sale of our remaining railcar fleet is an important milestone, as exiting the rail business allows us to execute our strategy of maximizing...
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