ISO tank container rentals is the way forward for most shippers in the industry. Know more about what it means and how it can transform your business right here
In this blog you’ll learn:
- What are ISO tank rentals and why it is imperative for your business.
- An in-depth look at ISO tank rentals.
- Benefits of leasing ISO tanks on xChange.
- How xChange can help overcome the challenges of leasing containers.
Change the way you’ve been leasing all this while. Streamline your leasing process, get the best deals and let all your worries about leasing take the backseat with xChange. Leasing on xChange = easy and efficient solutions for your business needs. Want to know how? Let our experts guide you.
Do you often wonder if the container leasing companies you’ve found online are trustworthy? How can you be sure they are legit and are not out there to scam you? And what about the hidden fees and sneaky clauses in contracts to rip you off?
And with tank containers, there are more causes of concern. Picture this: you need to rent a container to store and transport hazardous liquids. The leasing company gives you a tank that is not up to the ISO standards to store hazardous liquids. That’s alarming, isn’t it? You need to be able to trust the people you’re dealing with.
We at xChange understand your concerns and we are here to help. It’s hard to get access to big names in the industry, but we can assist you there. With over 1000+ vetted companies available on the xChange platform, we make it simple and easy to find trustworthy partners. We have a mandatory vetting process during the onboarding at xChange, to ensure your safety first when it comes to leasing ISO tank rentals. We work with trusted tank operators and users around the world. Our current partners include:
In addition, the leasing platform on xChange is commission-free and provides full market price transparency. This means that the rates and fees are stated upfront and are negotiable. This way, you can be sure about what you are paying and why, before signing a deal.
Sounds too good to be true? Why not check out our easy-to-use platform, and see for yourself. All you need to do is, choose “I want to lease containers”, select a pick-up location, and hit “search” to find available containers.
Now that you’ve got this clear, let’s get you started.
The shipping industry is one of the most lucrative businesses. Having said that it’s one of the most challenging too. Especially for shippers, who work according to specific lead time, timely deliveries of long-haul shipments still remain a massive struggle.
This is where container leasing or the rental option comes as a rescue. Leasing a shipping container is a great way to solve this problem. Leasing provides flexibility and doesn’t require you to pay upfront. This turns out to be cost-effective, unlike buying a container.
Many shipping companies are focused on acquiring containers using the rental option for its many benefits. One such most leased container happens to be the ISO tank container. ISO tank container rentals are a thing now! Thanks to the steady growth in demand and popularity over the last decade.
Let’s find out more on this separate blog.
Understanding the ISO tank rental
ISO tank rental is the go-to word for many shippers these days. It is the method of renting a tank container for a fixed time by signing an agreement with the container supplier. These containers are used for both shipping and storage.
The lease agreement states a specified time, minimum containers to be leased, and the rate. It also specifies other terms and conditions applicable by law.
Note: Always remember to negotiate and read through the terms of the agreement carefully before signing it.
From the time of its inception, tank container has, in a way, revolutionized the world of freight transport. It is safe, reliable, durable, and offers a wide variety of options for specific cargoes such as chemicals, gases, and foods. This makes choosing the right kind easier for many.
There are different types of leasing arrangements for various demands. To know about these leasing agreements and their benefit to the users, click here.
Why lease tank containers?
In general leasing, containers have big bonuses. It gives you flexibility, both in terms of how you use the container and how you plan your budget. Buying one, on the other hand, adds more responsibilities – and more costs – to your plate.
There are many reasons why the container leasing market is seeing constant growth and demand in the tank container sector. But among all, flexibility is the biggest privilege here.
ISO tank container rentals in general cost double the amount of owning or buying a used one. But leasing gives you the option to use a tank container for a longer duration, making the shipping business more flexible.
Leasing tank containers is especially feasible when you don’t have enough capital at hand; with leasing, you don’t have to make upfront payments. Moreover, if you’re seeing a sudden surge in demand, you’ll have immediate access to additional containers that too at a minimal price.
While you’re expected to maintain the condition of the containers, suppliers often understand that nominal wear and tear is part of the shipping process. That being said, it’s only ethical to return them in the best form or replace them with a new one in case of severe damage. However, along with the pricing, it’s important to keep in mind the quality of the tank containers. If you want to find out more about how container rentals work, click here.
Lease a tank container on xChange and be rest assured that the quality is never compromised. The platform offers more than 1000+ certified members around 2,500 locations that you can choose from.
xChange also offers a variety of tanks at competitive prices and value-added services such as payment handling and depot communication so you can focus on your business.
Benefits of ISO tank container leasing
There are numerous benefits of tank container leasing. Let’s look at some of them here:
To get a better understanding of this container type before leasing, click here.
Benefits of ISO tank rental on xChange
To ensure that xChange remains a safe and transparent platform where all members can make deals with confidence, we perform a thorough vetting of all new members who join the platform. Signees who refuse this process are not able to use our services.
To give you safety while leasing, we conduct a background check and collect all legal documents which include: company registration documents, passports, and general liability insurance documents. Rest assured you’re safe with us.
Let’s look at another challenge we tackle here at xChange.
In most cases, leasing contracts are long-term. This forces companies to enter into long-term agreements which don’t suit their business needs. At xChange we provide short-term lease agreements and one-way lease agreements which allows you to have more flexibility.
Curious to know more about short-term lease agreements and one-way lease agreements? Click here.
ISO tank rental for storage purposes
Most containers used for storage are old shipping containers that no longer meet the requirements to carry cargo. Often, these containers are refurbished. These containers are usually used for industrial/construction storage, on-site equipment storage, and additional commercial storage. A storage container is WWT (wind and water-tight), to keep items fresh, and safe from external influences.
Tank containers can be used to store both hazardous and non-hazardous bulk liquids:
- Milk and other dairy products
- Alcoholic and non-alcoholic beverages
- Liquefied sugars
- Hydrogen peroxide
- Sulfuric acid / Nitric acid
- Chemicals / Solvents
- Liquid food products
- Heating oil / Vegetable oils
- Gasoline / Diesel / Liquefied petroleum gas (LPG)
- Liquid resins
If you’re looking for a tank container for storage, make sure that the container is in good condition. Be sure to check for holes, major dents, and that the locking bars work correctly.
For more on storage containers, give our separate blog a read.
Get ISO tank rental for chassis at the best rate
A container chassis is a wheeled structure designed to carry containers via trucks between terminals, warehouses, and ports. Tank containers are transported on tank container chassis they are used for the transport and storage of bulk liquids in tank containers.
Along with tank containers, major players in the market also lease ISO tank container chassis with both short and long-term options at an affordable price. It has numerous financial benefits, low maintenance charges, and high flexibility for your shipping needs. While you can lease a chassis separately, most suppliers bundle up these chassis with the container (it’s company-specific).
For more on this click here.
Types of ISO tank containers
Here’s a list of ISO tank containers for you to get a better understanding of what would fit well with your business needs.
- T1 ISO tank container- Wine and light liquids.
- T4 ISO tank container- non-hazardous edible and non-edible oils.
- T11 ISO tank container- non-hazardous chemicals.
- T14 ISO tank container- hazardous chemicals and acids like HCI and zinc chloride.
- T50 tank container- gasses in LPG ammonia.
- T 75 tank container- cryogenic gasses.
- Rubber-lined ISO tank container- acid-based chemicals.
- Food-grade tank- only be loaded with food-grade products.
- Reefer tank- Keeps products cool or warm. Ideal for food and chemicals.
- Gas tank- Suitable for the transport of gasses.
- Silo tank- transports grains and powers.
- SWAP tank container- transports cargo above 26,000 to 35,000 metric tons, 25,600 to 31,500 long tons and 28,700 and 35,300 short tons.
- SWAP body tank- this container is bigger than its frame: ideal for lightweight cargo storage use.
Curious to know about more container types. Click here.
20ft chemical tank container tops the leasing demand list
One of the most in-demand tank containers for leasing is the 20 ft chemical-grade container, followed by a food-grade container constituting only 5% to 10%.
Safe transportation of hazardous chemicals is the biggest challenge, especially for long-haul shipments. However, with ISO safety standards in place and practice, chemical tank containers have acquired the trust of many. Thanks to its safety and leakage-proof assurance, there is a rising demand for tanks in the leasing market space. Many suppliers provide inspection and a quality-assurance certificate before leasing these containers.
You can also find chemical and food grade tank containers (of all types, conditions, and sizes) for leasing on xChange at a great price.
Find out more about 20ft containers.
Find your next tank rental on xChange
Did you know it is so easy to start a lease on xChange? Here’s how you can do it:
All you have to do is type in the container type, choose your pickup location(s); a list of 1000+ vetted certified partners will appear on your screen, choose the one that best fits your requirement. Make your offer and start negotiations. Send them a supply or use request and Container xChange takes over from here. From order tracking, payment handling to depot communication, it’s all done with 100% transparency and accuracy.
Moving forward with a compounding annual growth rate of 17 %, the global container leasing market is expected to reach USD 7.1 billion by 2026. The demand and popularity of tank container leasing are because it gives shippers and freight forwarders the liberty of flexibility.
Let’s look at some of the benefits of tank container leasing on xChange:
If you are looking to lease a tank container, look no further, experience a hassle-free leasing process, and get connected to certified partners to enjoy great deals. When you are stuck or want to know the best type of tank for you, click the banner below, and our team is ready for you.
For an overview of the rates, click on our separate blog here.
Tank Rental: Common FAQs
What is container leasing?
Container leasing refers to renting a container for long-term or short-term use. It is when a container leasing company and a lessee, generally a shipping liner company, sign an agreement to lease the container to the lessee.
How do you lease a container?
You can lease a container at xChange by going on our platform, typing in the container type, choosing your pickup location(s); selecting from a list of 1000+ vetted certified partners, and picking the one that best fits your requirement.
What is an ISO tank rental?
An ISO tank rental is the method of renting a tank container for a fixed time by signing an agreement with the container supplier.
What are the benefits of ISO tank rental?
The benefits of ISO tank rentals include flexible and secure storage, cost-effective, easy and safe cargo transportation, low maintenance cost, and more.