textainer has operated since 1979 and is the world's largest lessor of intermodal containers based on fleet size with a total of 2.0 million containers representing 3.0 million teu in our owned and managed fleet. we lease containers to more than 400 shipping lines and other lessees. our fleet consists of standard dry freight, dry freight specials, and refrigerated intermodal containers. we are one of the largest purchasers of new and used containers with annual capital expenditure often exceeding $1 billion. we believe we are also the largest seller of used containers, selling up to 100,000 containers per year to more than 1,100 customers. we provide our services via a network of 13 offices and 400 depots worldwide.