Containers are a great investment opportunity if you’re looking for a new business. If you know how to buy, sell, and trade these assets, you could make a lot of money. They come in handy when you need a specific item that wasn’t built for your needs.
If you don’t know how to buy, sell, or trade shipping containers, you’re not likely to profit. How do you know how to buy a shipping container?
Here’s a quick guide to the best tips from professional traders.
Understanding the Types of Shipping Containers
It is important to consider the goods and the container size needed to transport them. Customers should consider the design, material type, grade, and capacity.
The design and material type chosen could be wood, aluminum, or steel. While the grade could range from new or used containers. You should also consider the capacity in determining the loading conditions.
Here are the most common types of shipping containers.
Open Top Containers
Inside, the containers feature various covers, securing points and openings. Their galvanized steel construction can withstand the toughest of conditions.
The containers also feature excellent resistance to corrosion. Making them the ideal option for both onshore and offshore applications.
Open top containers also feature top unrestricted storage. Making them perfect for bulky items such as logs or large spools of steel.
Open Side Containers
Open side containers are perfect for shipping bulky items. You can also use these to ship raw materials and products with special requirements.
A wide variety of sizes and designs of open-side containers are available in the market. They are durable, cost-effective and able to withstand harsh environmental conditions.
Double Door Containers
Double-door containers have two full-size doors at either end of the container. It is easy to completely fill the interior of the container with goods. Double-door containers are a perfect place for large, shaped objects.
These containers are also ideal for loading long materials such as pipe, lumber, or steel beams. Double-door containers are valuable for loading large heavy machinery.
Flat Rack Containers
These containers have removable sides and end walls. It allows the loading from all sides and can carry objects up to most of 4 meters in length. Flat rack containers usually come in sizes 20, 40, and 45 feet long.
They can come with lashing rings and lashing bars for securing cargo. It also has two sets of twist locks for secure handling of various types of rail or road trailers.
Refrigerated Containers
Refrigerated containers feature advanced insulation and a powerful cooling system. They are perfect for items that need a specific temperature range and for long periods of time.
The size of a refrigerated container varies, ranging from 20 to 53 feet in length and 8 to 9.5 feet in width. They are also stackable and come in both open and enclosed versions.
Dry Storage Containers
Dry storage containers have airtight seals to prevent any outside moisture from entering. These containers are also equipped with weatherproof doors for easier transfer of goods. It is also resistant to rust, weather, and other elements. These provide a secure way to transport important items no matter the conditions.
Determining the Appropriate Size and Weight Capacity
Standard sizes of shipping containers are 20 feet and 40 feet long and the depth can range from 8 feet to 45 feet. Make sure to assess the type of cargo to determine what size and weight capacity are best.
For items that are large and heavy, you will need a larger 20- or 40-foot container. For smaller packages and items, a smaller 8- or 15-foot container would be more suitable.
You should also consider the shape of your cargo. A rectangular container might fit better than a square one. Considering available loading and unloading facilities is also important.
Calculating Your Budget
Calculating the right budget to get the right size is key. Most containers measure 8 feet wide and 8.5 feet high and are available in various lengths. You should think about how much storage you’ll need and how much you can afford.
Consider features like lockable doors, insulation, and other accessories you may need. Make sure you factor in shipping costs and installation fees as well. Having the right container with the right budget will ensure a successful haul.
Examining the Quality of the Container
Inspect the walls, floors, and ceilings for structural integrity. Make sure to check the doors and seals to ensure they open and close and create a secure seal. Also, check for rust that’s caused by harsh weather conditions.
Make sure to examine the paint and condition of the container’s exterior. Examine interior fixtures such as shelving, containers, and other accessories for security.
Check the HVAC system if you’re going to use the container for long-term storage. Always make sure that the container is in compliance with all federal regulations.
Reviewing Reviews and Ratings
Reading reviews can help you get a better feel for the reliability of the vendor. You also get a review of their customer service, and the quality and durability of their products.
Ratings are also important when choosing a shipping container. They offer insight into the quality, price, and value of the product.
The higher the rating of a product, the better it’s likely to be. With a little research and patience, you can find the right shipping container to meet your needs.
Selecting a Seller and Placing the Order
Once you have selected the correct container, it is time to research where to buy shipping containers. Steel containers are usually sold new or used, so be sure to compare prices and read reviews.
Placing the order is the easy part. Most shipping container sellers will be able to quote you the cost of a shipping container and the delivery date upfront.
How to Buy a Shipping Container That Fits Your Needs
By taking the time to assess your needs, doing research to determine what’s available in your area and budgeting for your purchase, buying a shipping container can be a wise, long-term investment.
With the tips above, you now have the tools you need how to buy a shipping container. Get started today and explore the possibilities.
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