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Blue Chip Growth

Stock Report: () Report Updated: Sep 26, 2016 | Print This Page

Get more stock ratings by Louis Navellier

(TAL)

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Company Profile

TAL International Group, Inc., together with its subsidiaries, leases intermodal transportation equipment and provides maritime container management services worldwide. The company operates in two segments, Equipment Leasing and Equipment Trading. The Equipment Leasing segment is involved in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment, including dry freight containers, which are used for general cargo, such as manufactured component parts, consumer staples, electronics, and apparel; and refrigerated containers that are used for perishable items comprising fresh and frozen foods. This segment also leases special containers, which are used for heavy and oversized cargo, which includes marble slabs, building products, and machinery; tank containers that are used to transport bulk liquid products, such as chemicals; and chassis, which are used for the transportation of containers. The Equipment Trading segment is involved in the purchase of containers from shipping line customers and other sellers of containers, and resale of these containers to container retailers and users of containers for storage and one-way shipments. As of December 31, 2014, its fleet consisted of approximately 1,371,743 containers and chassis, including 16,378 containers under management for third parties, representing 2,249,619 twenty-foot equivalent units. TAL International Group, Inc. was founded in 1963 and is headquartered in Purchase, New York.