Key Factors Determining Freight Forwarding Container Rate |Shipping Containers in California

1. Key Factors Determining Freight Forwarding Container Rate | LOTUS Containers Price becomes one of the most crucial factors to consider while you think to buy shipping containers. The freight forwarding service provider may come up with varying price list that could make you bewilder what to go for. Most of the shippers look for the cheapest rate available but end up compromising with quality- but that’s not a wise man thing. What makesfreight container to be available at different prices? You ought to understand what exactly goes into their prices in order to determine if that great deal is really worth or just an illusion. Multiple aspects affect their prices like- types, size, location, condition, the duration for hiring, etc. Types: Entering the world of Containers, one can be mesmerized by looking at the vast group of freight containers. Their fleet is wide and extensive. Moving on from dry van, pallet wide, double door, and single door to tankers container- the range is inexplicable. One can’t expect one price for all types of freight containers. Depending upon their types, functionality, designs, interiors, etc the rate varies from bottom to top. Size:Size does not affect the container’s price to a great extent but it affects to some extent. You cannot expect a 20’ and40’ shipping containers of the equal price range. There will be a little

2. difference in price with their changing size. A standard 20’ box can cost anywhere from $3000 to $5000 and a 40’ box can range from $2800 to $5200 depending on whether you’re going for new or used shipping containers. If you need a smaller or bigger size box you may have to shop around to crack a negotiable deal. Location: The price varies enormously as per your physical location. If you are searching for shipping boxes near a seaport, the chances are more you may get them at least possible price because seaport gives homes to numerous retailers. Every retail shop will offer you a competitive rate and hence you can compare the prices and buy the one at the lowest price. However, if you live far away from seaports or retail hubs, you may not have a wide option to choose from. You can only buy on rates at which the nearest retailer is offering to you. You may think of ordering them from other location but that will add transportation cost. For example- you may find the rate of shipping containers in California very reasonable but ordering them to Mexico will add up a huge transportation cost. Duration Of Hire: The duration for which you are going to hire a containerthrough lease, rent or purchase also accounts while determining its price. Leasing a container is often considered costlier than buying but then also most of the shippers go for lease than a purchase. Rental is the way when you need them for a short period. But if your business is indulged in incessant shipping; buying will be more profitable than renting. Condition & Age: The aging and condition of containers also fluctuate its price range. This factor is associated only with the used cargo containers for sale. The price dramatically decreases if the containers are long used, not in good condition, broken, rusted, etc. Used boxes can be used for storage purposes or short distance transition. But if your goods are expensive and you do not want to take a risk, contact a trusted freight forwarding company like LOTUS Containers and buy a brand new. Modification: The prices also fluctuate dramatically with the extent of modification. A basic steel container comes with no extra features and design; it is just a closed steel box. The shippers get it designed from the manufacturing party as per their needs and requirements. Thus, the price gets added the moment you ask your manufacturers to fix machines like- refrigerators, insulated walls, etc.