The past two years have proven dramatic for the world's container leasing industry. As demand has intensified, box prices/ rental rates jumped at a faster rate than at any time since the 1980s. This added up to a very good financial performance for the leasing industry in 2004, with many of the companies involved achieving record earnings performances. Indeed, combined rental income increased by over 10% in 2004, which was on the back of a 50%-plus rise in per diem rates. This ended almost a decade of near-static revenue growth in the industry.
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