Shipping Container Price Indexes

Intermodal Market Performance data current as of: October 15, 2024

 

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New Build 20' Containers (Manufacturing Price % Change)

Shipped.com Analysis: New build container prices have been steadily rising since early 2016. Currently container manufacturing costs are up, over 26% higher today than in 2016. Prices in 2016 through 2018 were affected by an industry change from oil (solvent) paints to water based. Retooling and adjusting factory processes is expensive and the prices through late 2018 reflects these challenges. Later on, in 2019 and 2020 reflected historically low manufacturing coupled with low inventory supply and strong demand from the pandemic to create a price explosion. Production prices became unsustainable and our current day's surge in pricing reflects this unwinding of downward price pressure along with low inventory and strong demand. We foresee the market prices for new builds to continue to rise along with most other commodities.

Used 40' HC Containers (Wholesale Price % Change)

Shipped.com Analysis: Used container prices have been steadily rising since 2017 and will continue to do so for the foreseeable future. Prices for used equipment today are over 48% higher today they were in mid-2016. Used container prices tend to follow new container manufacturing costs, but they typically lag 8-16 months behind new price surges. Interestingly, used container prices tend to be more volatile and overshoot new prices similar to other well known commodity pairs such as gold/silver. We foresee the market prices for used containers to continue to marginally rise. Savvy traders in the industry would serve themselves well to buy up all available inventory.

 

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Shipped.com Containers
https://shipped.com/img/logo/facebook-rectangular-shipped.jpg Starting at $1495 Shipped.com supplies quality shipping containers for sale, rent and rent-to-own in the USA and throughout the world. 500 Dry Valley RD, STE F207
Cookeville
TN
38501
503-SHIPPED (503-744-7733)
Shipped.com - Company Logo FB Twitter Google+ 5 4.85 29791 1 Container came today. All good, looks better than I expected. Great service. Will buy again 5 5 1 Easy process. I loved the online tracking. From sales people to delivery everything was painless and well done. 5 5 1 Easiest container site online. Smooth service and efficient online checkout. Container was exactly as stated, it was brand new, just one single use. Jim the driver dropped it just where I wanted. I'm very happy and I would buy again, highly recommended seller! 5 5 1 I ordered a rent to own steel container. It arrived and works perfect for home storage. Thanks Luke and Caroline! 5 4 1 I got an instant online quote using my zipcode. Then I spoke to Zach and bought 2 in cargo worth conditions. Zach called me right through to delivery and his communication was terrific. They gave me the best price and I'm really thinking of getting another one now. 5 5 1 the whole process was great...container worked out perfect for expanding our business. condition was just as anticipated 5 5 1 Wow, Paul on the Shipped team has really helped make this a great sales transaction. Delivery was straightforward and box is in good shape for the price. You guys have a great thing going, keep up the good work. 5 5 1 Ordered online about a week ago. Took a little longer than expected but driver was a true professional and backed it exactly where I needed it. Great looking unit and it is of a good quality. Now it's time to start packing it. 5 5 1 Perfect price and product. Thank you for a job well done from Houston, TX! 5 5 1 Hello Luke, Our 45' high cube rent to own container was delivered by 10am. The delivery team was professional and left without problems. They appreciated our assistance. The orange container looks pretty good on our property. (Pic attached). Just wanted to give you an update and thank YOU for your assistance! 5 5 1