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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                 SCHEDULE 14D-9

                      SOLICITATION/RECOMMENDATION STATEMENT
                          UNDER SECTION 14(d)(4) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO. 2)
                             PLM INTERNATIONAL, INC.
                            (Name of Subject Company)

                             PLM INTERNATIONAL, INC.
                      (Name of Person(s) Filing Statement)

                     Common Stock, par value $0.01 per share
                         (Title of Class of Securities)

                                    69341L205
                      (CUSIP Number of Class of Securities)


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                                 Susan C. Santo
                 Vice President, Secretary, and General Counsel
                                   One Market
                         Steuart Street Tower, Suite 800
                         San Francisco, California 94105
                                 (415) 974-1399

       (Name, address and telephone number of person authorized to receive
     notice and communications on behalf of the person(s) filing statement)

                                 With a Copy to:

                            Joseph S. Radovsky, Esq.
                              Adam P. Siegman, Esq.
                       Greene Radovsky Maloney & Share LLP
                       Four Embarcadero Center, Suite 4000
                         San Francisco, California 94111
                                 (415) 981-1400

|_|      Check  the  box  if  the   filing   relates   solely   to   preliminary
         communications made before the commencement of a tender offer.
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         This  Amendment No. 2 (this  "Amendment")  amends and  supplements  the
Solicitation/Recommendation  Statement on Schedule  14D-9 by PLM  International,
Inc., a Delaware corporation ("PLM" or the "Company"),  with the U.S. Securities
and Exchange  Commission  on December 29, 2000, as amended by Amendment No. 1 to
Schedule  14D-9 filed on February 6, 2001  related to the tender  offer by MILPI
Acquisition Corp., a Delaware corporation,  for all of the outstanding shares of
common  stock of PLM at a price of $3.46 per share.  Capitalized  terms used but
not defined in this  Amendment  shall have the  meaning  assigned to them in the
Schedule 14D-9.

ITEM 8.  Additional Information.

         Item 8 of the  Schedule  14D-9 is hereby  amended and  supplemented  by
         adding the following information:

                  On February  7, 2001,  PLM issued a press  release  announcing
         that  approximately  6,287,732  shares  representing  83.2%  of the PLM
         common stock par value $.01 per share,  had been  validly  tendered and
         not withdrawn  prior to the expiration of the Offer at 12:00  midnight,
         New York City time,  on Tuesday,  February  6, 2001,  all of which were
         accepted for payment. A copy of PLM's February 7, 2001 press release is
         attached hereto as Exhibit 29 and is incorporated herein by reference.

ITEM 9.  Material to be Filed as Exhibits.

         Item 9 is hereby amended by adding the following thereto:

         Exhibit No.        Description
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         99                 Press Release Issued by PLM dated February 7, 2001


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                                    SIGNATURE

         After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated:  February 7, 2001
                                               By:

                                                       Stephen M. Bess
                                                       President


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                                  EXHIBIT INDEX

         Exhibit No.      Description
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         99               Press Release issued by PLM dated February 7, 2001


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