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CAI International, Inc. Reports Results for the First Quarter of 2017

April 20, 2017 4:00 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI) (NYSE: CAI), one of the worlds leading transportation finance and logistics companies, today reported results for the first quarter of 2017.

Highlights

CAI reported revenue for the first quarter of 2017 of $81.5 million, an increase of $14.5 million compared to the first quarter of 2016. The increase in revenue was primarily due to acquisitions made by our logistics business in 2016. Lease-related revenue for the first quarter of 2017 was $61.0 million, compared to $58.8 million in the first quarter of 2016. Net... More