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Transportation
Textainer Automates Global Container Billing Across 3.5 Million Assets
Impact Achieved
3.5M
TEU (Twenty foot equivalent units) containers leased (rent)
500+
Locations worldwide (this includes suppliers)
GREG KOAN
CIO
We wanted the ability to innovate and launch new products. By offering new product options, we needed to change how we bill our customers and partners returning equipment, which triggers the billing cycle. After evaluating RecVue for billing, we realized they could also assist us with managing partner payments as we move 150,000 units per year worldwide to various parties via wholesale
Unified Platform for Modern Enterprises
About Textainer
Founded in 1979, Textainer is one of the world’s largest intermodal container lessors, with a fleet exceeding 3.5 million TEU. The company leases containers to 250+ global customers, including all major international shipping lines. Beyond leasing, Textainer specializes in container resale and trading, serving 1,500+ buyers worldwide.
Annual Revenue : $840 million
Customer Base : Leases to 250+ global customers
Major Roadblocks
- Outdated and Unsupportive Billing System
- Manual Billing Led to Errors and Delays
- Rigid Pricing and Contract Structures
- Lack of Clear Financial Tracking
RecVue’s Solution
- Modernized billing & revenue management by replacing the outdated Y2K-era system
- Automated lease processing, eliminating 40+ manual reports and reducing errors
- Enabled flexible lease structuring, allowing custom pricing and contract models
- Enabled per-container revenue tracking, ensuring better financial control
