Container ABS shines as bright spot in transportation sector

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Container ABS shines as bright spot in transportation sector

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September 26, 2018 - Mount Pleasant, Wisconsin, USA - Agriculture equipment sales could suffer if farmers are negatively impacted by the agricultural tariff war with China. JORGE MENDEZ bolts tractor wheels and tires to Case Magnum 340 tractors at the Case IH tractor plant in Mount Pleasant (Racine), Wis. Wednesday, September 26, 2018. (Credit Image: © Mark Hertzberg/ZUMA Wire) | Mark Hertzberg/Zuma Press/PA Images

Textainer enjoyed high demand and tighter than expected spreads when it priced the first container securitization of the year. Container ABS stands out among other transportation asset classes, according to investors, due to its strong utilization rate and the security that comes from the multi-year leasing agreements between lessors and shipping lines.

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