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Buying Shipping containers vs Leasing shipping Containers

If you are a rookie in the export-import business and you are facing the dilemma of whether to buy containers or simply just lease them, we might be able to help you. This question can be a tad perplexing and you might find deciding on one of them a little tricky! Need not worry, we will help you to understand what decision will benefit you the most and aid in the success of your business. Since there is no definitive answer, it is subject to the choices you make as per your needs. For instance, few prefer to buy shipping containers as they consider it as the most cost-effective option considering the long term scenario. Whereas other people carry shipments for electronics and big-ticket items or those who have a short term usage (maybe a couple of months) then the feasible option for them is to lease shipping containers. Following factors are generally considered while reaching a final decision: • Cash flow • Managing expenses • Cost-effectiveness • Inventory • Long term advantages a
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Battling Challenges Faced by Freight Forwarders | BOXXPORT.com

With changing time and increasing customer’s expectations, businesses are working hard to meet the demand of the current market. The same is true for the freight forwarding industry too. As compared to earlier, today, people expect delivery in the least time possible. They want to track their order and want to get informed of every detail- from placing orders till final delivery. The freight forwarding sector is thus worried about the changes and the future as other industries. The uncertainty and confusion brought by the new macro trends demands for more efficiency and advancement.  Amid all this, freight forwarders are facing an increasing number of challenges that keep growing as the years go by. The outbreak of novel coronavirus has poured butter on a burning flame by increasing the challenges faced by the freight forwarders.  In this article, we will be talking about the basic challenges being faced by them Bunker Surcharge Fluctuation:  Bunker fuel is the generic term given to an

What is the difference between SOC and COC? | BOXXPORT.com

The shipping container is universally hailed as one of the greatest inventions that completely transformed the way trade and businesses were done early, before the 1950s. They have truly globalized the world and making the world a smaller place. In shipping industry, you may find people using terms SOC or/and COC elongated as Shipper Owned Containers and Carrier Owned Containers. When we talk about SOC and COC , it’s mostly about owning rights. In this article, I will take you to the proper definition of both terms and the advantages and disadvantages associated with them.  Generally, shipping containers are owned either by -Manufacturers -Traders -Carriers -Leasing Companies -Freight Forwarders, and -NVOCC  What is SOC? SOC or Shipper Owned Containers are the containers that are solely owned by shippers. A shipper is a person who is entrusted with the responsibility of freight transportation and looks after the shipment until your goods reach the destination. But for a carrier, the s

Types of Shipping Containers you Need to Know | BOXXPORT

Shipping containers have been around for years, but its application is growing consistently day by day. Earlier shipping containers were used solely for the shipment of cargoes. But now they are being used for multiple purposes, call it- storage, shipment, or for building houses. Even in shipping, a single type of container cannot be used for all types of cargoes. There have to be specific containers for different categories of cargoes like- bulk, light, big size, perishable, or liquid. Some companies like BOXXPORT has now started to offer consumers an easier way to acquire different types of containers. BOXXPORT. enables people from all across the globe to sell and buy containers online with just a few clicks. In this article, we will be talking about 12 different types of containers used by the shipping industry Dry Van:  Dry Van containers are standard shipping boxes made suitable for all modes of transportation. It is made from high-quality steel that makes them worthy of m