Containers
7 Easy Steps to Help You Rent a Shipping Container at the Best Price
May 21,2024
Abstract:
Step 1: Renting vs. Buying a Container
Step 2: Determine Container Type and Size
Step 3: Determine container condition and grade
Step 4: Understand Container Rental Costs
Step 5: Finalize the Lease Agreement
Step 6: Inspection
Step 7: Shipping Container
Step 1: Renting vs. Buying a Container
When to Rent:
Need a small number of containers
One-way shipping or short-term needs
Why Rent: Lower short-term cost compared to buying
When to Buy:
Storage needs only
Long-term container needs
Only need a few containers
Why Buy: One-time payment, suitable for long-term needs
Step 2: Choosing Container Type and Size
Standard containers for common dry goods, sizes include 20 feet, 40 feet, or 40 feet high cube
Special containers for specific requirements like refrigerated containers for temperature-sensitive goods or specialized containers for oversized items
Step 3: Assessing Container Condition and Grade
Choose new or suitable containers for transportation, windproof and waterproof containers for storage needs
Step 4: Understanding Container Rental Costs
Factors affecting rental costs: rental period, market supply and demand, location
Examples of 2024 rental fees: Shanghai to Moscow ($850 for 20-foot container), Qingdao to Hamburg ($800 for 40-foot container), Qingdao to Toronto ($1,300 for 40-foot high cube container)
Step 5: Finalizing Lease Agreement
Options: flexible lease terms, long or short-term leases, one-way rental

Most popular: one-way rental for flexibility and cost-effectiveness

Lease flexible

Lease long term

Lease short term

Rental one way

Lease length

negotiable

5-8 years

longer than 6 months

negotiable

Maintenance and Repair

Leasing Company

Lessee

Lessee

Lessee

Return location

Strict regulations

Strict regulations

Strict regulations

According to the wishes of the shipper

Step 6: Inspection
Containers inspected before or after rental to ensure good condition
Step 7: Shipping Container
Transport container to the designated location, confirm voyages, book space, and arrange trucking or rail transportation. Some rental companies offer shipping services with associated costs.

CIMC Equilink has been developing rapidly since its establishment. Empowered by abundant resources from CIMC Group, it is enabled to serve global clients with one-stop offer including rich products along with maintenance and repair technical support, to satisfy clients’ needs of services for small order quantity, high order frequency, full-range-category products and global reach delivery, which therefore makes clients' purchases more convenient and more costs saving. The products categories that we could supply include and not limited to containers and container modified products, logistics equipment, container and trailer spare parts, in addition to maintenance and repair tools.

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