With the coming of the new year, everything changes, but one thing remains the same—our competitive leasing rates. So, if you’re looking for container units for rent, look no further than this blog to bag top deals on boxes.
With December upon us, that’s a wrap for the container logistics industry trends in 2022. With the new year right around the corner, it’s time to gear up for the ebb and flow of the ever-changing container market next year. So, what can you expect in 2023?
On one end…
|The container leasing market size is forecast to increase by 32.86 million TEU from 2023 to 2027, at a CAGR of 16.52%, according to the recent market study by Technavio. The growth of the market will be driven by the growth in international containerized seaborne trade, the rising dominance of leading players in the global reefer container market, an increase in the number of free trade agreements, and the formation of trade blocs.
On the other end, as per xChange’s findings…
|One-way pick-up charges for containers on the platform are falling in China. In September 2021, these charges were at their peak at somewhere around US $2730, while in December 2022, these were somewhere around US $804. This is a 70% decrease. This decline is steeper on the China-US lane. The pickup charges from China to the EU have been declining as well and might continue to do so in the next year.
As you can see above, no matter what the highs or the lows are next year, xChange is here to always provide competitive and comparable rates for all container units for rent. Take note that you have 10,000+ units to choose from in 2,500 locations worldwide. And 1000+ vetted suppliers at your disposal.
If you’re curious to know how all these work, scroll down to the next section to find out.
But before you do that, try our public search below and see for yourself how easy it’s to find boxes across the world with just a few clicks. All you need to do is enter your pick-up and drop-off locations, and container type, and hit the search button. You can then take your pick from a list of containers, suppliers, and current leasing rates. And get your box!
Find the best rates on container units for rent on Container xChange
With xChange reasonable rates are a reality thanks to our full market price transparency. On our leasing marketplace, you can see rates stated upfront and compare the rates and other terms and conditions to get the best deals. You can choose what you wish to pay for and not a cent more. Additionally, you can benefit from the platform’s competitive leasing rates, which are hard to find elsewhere and come with no additional costs.
To top it off you can only view rates provided by dependable partners, compare them, negotiate directly with the partners, and finally choose a price that fits your budget. You can be certain that you’re only working with accredited suppliers because of our strict and mandatory vetting process, which all members must go through before joining the platform. This way you can expand your professional network by getting to work closely with some of the biggest names in the sector such as Trident, SeaCube, and SecCo to name a few.
You can also view the partners’ performance and reviews left by other members who’ve worked with them; before you make a deal. Knowing who you’re dealing with will be helpful in choosing the right partner for you.
Furthermore, our convenient payment handling tool, the xChange wallet, will manage all of your transactions on a single platform and send you one consolidated bill. Thus, making your payments swift and secure.
To get an overview of our rates let’s take a look at the average pick-up charges for standard containers in three stretches below.
Explore the average leasing rates for standard containers on xChange
Speaking of rates and locations before we head to the average prices, we want to introduce you to our xChange Insights feature. xChange Insights will fetch actual container prices and SOC leasing terms for you. Using Insights, you can get access to accurate container prices and actual leasing one-way rates in 130 locations globally. You can also compare pick-up charges, free days, and per diems for different stretches and see their development for up to 2 years.
Nice huh? Now let’s get to those reasonable rates we were talking about for standard containers in three stretches.
1. Shanghai to New York- The average pick-up rate for a brand new 20ft container in this route is US $519 as of December 22nd, 2022.
2. Shenzhen to Moscow- The average pick-up rate for a cargo worthy 40ft HC is US $1,736.
3. Qingdao to Antwerp- The average pick-up rate for a cargo worthy 40ft HC is US $1,867.
It’s now time to go ahead and strike a good deal on your container units for rent by hopping on over to our leasing marketplace to start exploring. If you have any trouble along the way our expert team is here to guide you at every step till you secure your box.
Find used and storage container units for rent for your needs
Now that you can see that we’ve taken care of the prices, the boxes, and the suppliers. Why don’t we explore another facet of shipping containers that goes beyond using them for just transport – we’re talking about storage.
A storage container is a shipping container that is mainly used for storage purposes. In terms of container conditions, boxes used for storage are mainly wind and watertight (WWT) to ensure that the goods are safe from external influences and damage.
These containers are restored and are meant to be used for industrial/construction storage, on-site equipment storage, and additional commercial storage. If you’re on the lookout for container units for rent for storing goods, be sure to check your box for major holes and dents and locks that are functional. And be sure that it is not corroded, as this can hamper the quality and condition of your goods.
Since used containers are utilized for storage, they’re cheaper in price in comparison to brand-new boxes, which is always a good thing. We at xChange house 10,000+ container types and conditions. So, you can choose from a range of boxes in WWT conditions for your storage needs.
Container units for rent: Opt for rent-to-own shipping containers?
There is something else that is worth mentioning when you opt for leasing. To avoid any confusion, we want to give you a little rundown on rent-to-own shipping containers.
So, what is it then? Well, Rent To Own (RTO) is when you lease a container with the intention of keeping it at the end of the leasing period. Basically, you own it at the end of your leasing period.
The two ways in which to do this is either by paying the usual leasing rate and then a big wad of cash at the end to buy it. Or by paying a higher leasing rate than a standard lease agreement, which equates to the price of buying the container at the end of the lease period.
If you’re contemplating an RTO, consider opting for it if:
- You have long-term storage needs- If you need a box for more than 12 months you can go for an RTO instead of having to pay a cumbersome interest with a standard lease agreement.
- You don’t have enough cash to buy containers upfront but you want to buy a box eventually. Here the RTO can save you from paying all the money in one go.
- You want to make a good investment- With an RTO you have a great long-term investment plan for your box. You can resell them at good prices whenever you want, and even make a profit and resell it later once you have fulfilled your needs.
So, there you have it. Now since we spoke about buying. Check out the image below to get a little added info about leasing vs buying and see what suits your business needs the best.
Get your container units for rent with ease with Container xChange’s digital rental services
If you’ve made it this far, you’re one step closer to getting your container units for rent at the best rates. With xChange you don’t have to worry about untrustworthy suppliers, unsafe transactions, unreasonable rates, and unavailability of the types of boxes you want – we’ve got you covered.
10,000+ container types and conditions in 2,500 locations worldwide. 1000+ vetted members. Full market transparency and competitive negotiable rates with zero hidden fees. Say no to lengthy and time-consuming contract discussions and endless back-and-forth email threads. All transactions are done under one secure platform and one consolidated invoice.
What more could you want? Oh yes, efficient tracking! We have that too. With Container xChange you can also monitor your containers in real-time. And receive container status updates and tracking alerts – such as What is estimated time of arrival? Estimated time of arrival, commonly known as ETA, is a frequently used term globally to denote the time of coming. In the shipping & logistics industry, it is ... More and misuse warnings. We’ve literally covered it all for you when it comes to leasing boxes.
And now, it’s your turn to go on a leasing expedition with us. All you have to do is go to our website and check it out for yourself. And rest assured that no matter what changes take place in the fluctuating container logistics marketplace in the future to come, we are here for you with our container units for rent at reasonable rates. So go on and make the right investment this new year.
Container units for rent: Common FAQs
What is container leasing?
Container leasing refers to the process of obtaining containers on rent without buying them.
What types of container leases exist?
Master container lease, long-term container lease, short-term container lease, and one-way container lease.
What is rent to own shipping container?
Rent To Own (RTO) is when you lease a container with the intention of keeping it at the end of the leasing period.
What are the benefits of leasing?
Convenience, cost-effective, less liability, flexibility, and no maintenance charges.