Where are all the shipping containers?
Maybe you are driving a car manufactured in Japan, snacking on dried mangos imported from the Philippines, or sitting on a chair assembled in China. No matter what the case may be, the majority of the commodities you own were once stored inside a shipping container, transported via cargo ships, and eventually arriving at your doorstep. It gives us an idea that shipping containers play an essential role in the global supply chain.
Where are all the shipping containers?
With globalization, the demand for shipping containers is higher than ever before. Within these past two years, shipping containers became extremely hard to acquire, and their price skyrocketed; purchasing a shipping container doubled in price. This article will find out the factors leading to this phenomenon.
Cargo ship loaded with shipping containers
Why are shipping containers now so expensive and hard to find?
Shipping containers are frequently used to transport goods globally. Its durable design is the perfect component for companies to transport goods at a relatively low cost. Back in early 2020, when the Covid-19 pandemic hits, the shipping of goods and the supply chain were drastically affected; an accumulation of empty shipping containers sitting at ports and longer delays for unloading the containers, ultimately led to the shortage of shipping containers. In the meantime, the demand for goods not only did not decline but kept on increasing. As a result, shipping containers became highly sought after, and their price escalated to an all-time high.
Impacts of the pandemic
Many companies and manufacturers temporarily stopped their production during the pandemic, with concerns of the unpredictable future, multiple shipping lines then delayed or cancelled their shipping schedules. The travel restrictions imposed by different countries only aggravated the problem; unloading time for the containers increased, and empty containers failed to be transported back for shipping.
LuckyBox shipping containers
Is there an end in sight?
With the backlog of shipping containers at ports, longer unloading time, the ongoing Covid-19 pandemic, and the increasing demand for goods to be transported, the crisis of shipping containers shortage is not likely to get better anytime soon. In addition, the BC flooding that took place last month only put salt on the wound.
Despite the shortage of containers globally, containers are available for rent here at LuckyBox Storage; we offer the best rates in town for our valuable customers.
Need extra room for storage?
Looking for extra storage for your seasonal sporting equipment? Or you are planning to move to your new place and simply need temporary storage space. Regardless of the different circumstances you may find yourself in, one thing that we cannot seem to have enough in the metropolitan area – Space. LuckyBox Storage is your cost-effective solution for secure storage. Below we outline why our storage container beats most other storage options.
Durability
Our LuckyBox Storage containers are constructed from corrugated steel and are built to withstand all types of weather conditions. In fact, they come to us via cargo ships and withstand the extreme conditions of ocean travel with ease. You can have peace of mind ensuring that your items are safe and secure in our storage shipping containers. All LuckyBox Containers are wind and watertight, along with being made from durable steel.
LuckyBox stacked red containers
Cost-Effective
The most visible advantage of a shipping container is its large size. To give you a rough idea: a 10’ container will usually fit the contents of a 2-bedroom apartment; a 20’ container will fit the contents of a 3-bedroom home, and a 40’ container will accommodate contents equivalent to a 2-car garage.
More often than not, renting a shipping container for storage is cheaper than renting a storage locker. Here at LuckyBox Storage, we offer the best rates for container rentals, as well as self-storage rentals in the area. Check out our container rental and self-storage rates.
LuckyBox Storage containers
Security
As a shipping container is made of steel and is designed to be durable, it can hardly be vandalized, or broken into. You can feel safe and secure with your valuables stored inside the storage container.
In addition, LuckyBox Storage values the security of our customer’s possessions; all of our containers are installed with a lockbox to prevent bolt cutters and to preserve your padlock from rusting.
If you are interested in renting a storage container feel free to send us a note or call us for inquiries.