10 Things to Know Before You Buy a Shipping Container

There's a lot of information out there about how to buy used shipping containers, but a lot of it is out of date or just flat out inaccurate. It's important to understand that shipping containers are a byproduct of the global logistics industry. Containers are rarely scrapped, and are usually loaded when sent back out of the US or Canada. Some containers are sent back empty, and a very small percentage are made available for sale to companies like ours. We post prices online so you can buy shipping containers on our website. Here are 10 things we think you should know before you buy a shipping container.

Notes on the Shipping Container Shortage

Due to the supply chain issues caused by the global pandemic, we've seen a shortage of end of life used shipping containers available for sale. The lack of containers has caused the price of shipping containers to more than double over the past year. The speed at which containers are moving through ports has slowed dramatically, and at the same time demand for containerized freight has increased. Those issues continue to compound over time to slow the speed of cargo delivery. Some people are calling it a shipping container shortage, but we think "logjam" is a better term for what's happening.