Seacube Leasing International, Inc.

Seacube Leasing International, Inc., a foreign-owned for-profit corporation headquartered in Montvale, New Jersey, operates as a prime contractor providing container leasing, transportation services, and intermodal equipment support to the Department of Defense on a global basis, competing exclusively under full-and-open (non-set-aside) procurement.

Seacube's federal footprint centers narrowly on military logistics. The company leases 20-foot and 40-foot dry ISO containers, ammunition containers, and chassis to support the Department of Defense supply chain, with integrated delivery and redelivery services spanning CONUS, OCONUS, and hostile areas including Ukraine, Germany, Poland, South Korea, Japan, Saudi Arabia, and the Asia-Pacific region. Representative recent work includes a $1,062,375 delivery order from the Surface Deployment and Distribution Command (SDDC) in December 2025 for container leasing in Guam; a $899,687.50 firm fixed-price order in December 2025 for container leasing in Richmond, Kentucky; a $849,375 order in December 2025 for transportation and leasing services in Chambersburg, Pennsylvania; and a $1,512,036 delivery order in August 2024 for transportation services in Ukraine—all issued under the company's master IDIQ vehicle.

Customer concentration is extreme. SDDC accounts for 917 of 933 awards and $1.63 billion of the $1.73 billion combined potential value, representing 98% of both volume and dollars. The Department of Defense Transportation Command holds two awards valued at $97.5 million; the Communications Electronics Command holds thirteen awards worth $3.6 million; and the Air Force holds one award valued at twenty-two thousand dollars. No other federal agencies appear in the portfolio.

Seacube seats on two parent vehicles. The Indefinite Delivery Contract HTC71119DR008 carries 751 task orders and $102.4 million in combined potential value. The Intermodal Equipment Leasing and Transportation Services - Master Lease Contract II, the dominant vehicle, anchors 180 task orders and $15.8 million in potential value. The latter IDIQ, awarded September 1, 2024, carries a multi-billion-dollar ceiling and runs through February 28, 2030, with a base period (July 1, 2024–June 30, 2025) and four one-year option periods. Seacube competes for task orders under both vehicles in full-and-open competitions with no set-aside designation.

Activity has contracted sharply. Seacube received 208 awards in 2022, 216 in 2023, 131 in 2024, 109 in 2025, and 35 through June 2026—a cumulative decline of 83% from peak. Thirty-nine awards with completion dates in the next twenty-four months carry $6.4 million in combined potential value and face recompete exposure. The portfolio reflects invoiced federal activity dominated by firm fixed-price delivery orders ranging from under one thousand dollars to over two million dollars, with 933 awards and $118.2 million in combined obligated dollars (7% of potential value), indicating the vendor's role as a high-volume, low-margin logistics provider executing smaller discrete orders under a standing master IDIQ.