Curious about how shipping container rental works, and the best way to get boxes at good rates? This blog is your ultimate guide to finding great deals on the Container xChange leasing market place.
With so many leasing companies vying for your attention, it’s hard to know where to start looking for shipping container rentals online. That’s why we’re here to help.
On Container xChange, we’ve got 1000+ vetted members, and 10,000+ containers, making it quick and convenient to find boxes from trustworthy partners.
But what about leasing rates? We offer a transparent and neutral space where all prices are stated upfront. Plus, all rates are negotiable! We also charge 0% commission on deals. Yup, you read that right.
Don’t believe it’s so simple? Check out our easy-to-use leasing platform, to find containers in over 2,500+ locations worldwide. All you need to do is choose “I want to use containers”, select a drop-off and pick-up location, and hit “search” to find available containers near you.
What is shipping container rental?
So you want to ship goods. Great! You have two main options. Either, you buy boxes, which you can use multiple times for shipping, or if you only want to ship goods once, you can lease containers.
When you lease a box, you ‘borrow’ it from a leasing company, and return it by a certain date. Each leasing company has different rules, such as how many free days you get, per diem (per day) charges, and how long you can lease for.
You should lease containers if you:
- Need boxes for shipping but don’t have the capital to buy them.
- Are facing a temporary surge in demand for goods.
- Aren’t sure how the long-term demand will develop/if it’s worth investing in boxes long-term.
Want to learn more about leasing vs buying? Check out this separate blog post to find out more.
Leasing rates for 20ft and 40ft shipping containers on top routes
Leasing rates vary, depending on the location, container type, and current supply and demand. Let’s take a look at some rates for popular stretches around the world.
These average rates are taken from the xChange platform over a period of 6 months, and take into account only successfully transacted containers.
Container xChange provides you aggregated information from the Container xChange marketplace, as well as inventory data to help you get real-time market prices and follow trends.
20ft shipping container average pickup rates
- Shanghai to Houston: US $ 800
- Qingdao to New York: US $ 600
- Ningbo to Liverpool: US $ 245
- Antwerp to Nhava Shiva: US $ 50
40ft shipping container average pick up rates
- Shanghai to Houston: US $ 2,600
- Duisburg to Qingdao: US $ 602
- Ningbo to Liverpool: US $ 3,475
- Antwerp to Shanghai: US $ 112
Want to see more prices? Click below to get prices in your location today.
Differences between leasing, renting and buying
Though the terms leasing and renting are often used interchangeably, there are a few differences between the two. Check them out below:
Leasing refers to a long-term agreement, which is agreed upon upfront. The lease duration is known as the ‘term’. The lease needs to be renewed once the term comes to an end.
This is usually a short-term arrangement, involving a regular payment to the owner. Payment is done on a month-to-month basis. The rental amount may also be changed during the course of the agreement. This is just like paying rent for your apartment every month.
Buying a container involves a once-off purchase. Then, the container is yours forever. You’ll have to take care of the maintenance yourself, as well as organize things like insurance for your box, so keep this in mind.
Advantages of shipping container rental
So which is better: leasing or buying shipping containers? That completely depends on your shipping needs. As we mentioned before, if you’re short on capital and unsure about how long you’ll need containers for, your best bet is to lease boxes.
Here are some advantages of leasing as opposed to buying a container:
If you’re only using containers for one-way moves from time to time, it doesn’t really make sense to buy a whole fleet of boxes. You’re going to save a lot of money if you don’t have to fork out large sums of money to buy brand new boxes. If your situation changes and you need containers for a longer time period, it would be wise to consider buying at that point.
Flexibility and freedom
Leasing also allows for flexibility. Once you’re a member on xChange, and have gone through our simple leasing process, you no longer have to worry about the container, how to get it back to the owner, as well as expensive storage costs. This allows you more freedom to focus on other aspects of your business, and leave the rest up to the container owner.
Perfect for short-term/one-time use
Using Container xChange whenever you need goods shipped will make your life simpler, especially if your container needs are sporadic. No more worrying about what to do with the boxes in-between shipments, port fees, storage costs, or transporting empty containers back (a huge waste of money).
No maintenance issues
Containers get damaged. Often. It’s a sad fact. They go on long journeys through all kinds of weather conditions, and sometimes, they get dented, dinged or even lost. All of these damages and losses cost money. As a lessee, you don’t have to worry about maintenance issues or replacing boxes, saving you heaps of time and money.
Does leasing boxes seem like your solution? Why not check out our easy-to-use leasing platform to see just how easy it’s to get the boxes you need, at rates your wallet will love. Click below to see for yourself.
Shipping container rental: What is one-way leasing?
On Container xChange, we offer one-way leasing. So what exactly is this? One-way leasing is when you lease a box for a one-way shipment, for example, from Shanghai to Manchester. It works by moving around or repositioning container owner’s empty boxes. In other words, a container user picks up containers at the partner’s depot. The user then moves these containers to another location and finally, returns them to a depot in a pre-agreed location, at a pre-agreed time and date. That’s it. It’s so simple.
One-way leasing is the simplest kind of leasing agreement. It also enables you to avoid demurrage and detention fees, which can very quickly start to add up. Learn more about demurrage and detention here.
Did you know, that currently every 3rd shipping container is moved empty? This is known as empty container repositioning, and is an expensive and wasteful problem.
Due to the empty container repositioning problem, there are even stretches where container owners pay the user to move their boxes! It’s a win-win for everyone. You get to ship your goods for next to nothing (or for free!), and the owner gets their boxes repositioned, and saves on hefty port charges or storage fees. Everyone scores.
The top 10 shipping container rental companies
Not sure how to start choosing a leasing company? Here’s a list of the top 10 companies on Container xChange. Click on the name you’re interested in to learn more about the company.
|8||Touax Container Solutions|
|9||Blue Sky Intermodal|
Find the best shipping container rental deals on Container xChange
We understand that the container leasing industry can be confusing, especially when there is no market transparency, not to mention all of the scammers and rip-off artists out there. That’s why we’re here to help.
All of our partners have undergone a strict vetting process, to make sure that they’re professional, reliable, and have all of the right licenses to trade or lease out boxes.
Container xChange allows you to compare the rates and terms of multiple deals at once, so that you can feel confident that you’re making the right choice.
Want to work with the big names, but feel intimidated because you’re a smaller player? On xChange, you can work with Kuehne + Nagel, Seaco Global, and Cosco (to name a few), right from the get-go. Everyone is equal on our platform.
Here is a quick summary of the process of leasing a container with Container xChange:
It really is that easy!
Interested in using our xChange? Then it’s time to set up a personalized demo with one of our friendly and helpful experts.
Ready to say goodbye to doubt and worry, and lease containers at excellent rates? Click below to get the ball rolling!
How much is it to rent a container?
Shipping container rentals vary depending on the container type, stretch and market situation. To lease a 20ft box from Ningbo to Liverpool will cost you US $ 245, from Qingdao to New York US $ 600, and from Shanghai to Houston: US $ 800.
How much does a 40ft container cost?
40ft container costs vary depending on the location, current supply and demand, and container condition. In Hamburg, a 40ft box will cost you US $ 1,800, in Shanghai US $ 3,426 and in Houston US $ 3,480.
How much does a 20ft shipping container cost?
The price of a 20ft shipping container depends on the condition of the box, the location, and the current demand. A 20ft dry container in Houston will cost you US $ 2,272, in Rotterdam US $ 1,958 and in Shanghai US $ 2,711.