A man holding a box outside of multiple storage containers

Tips for Maximizing Space in Your Storage Container

The decision to buy or rent a storage container is a great first step towards getting organized at work or at home. For business owners, they provide secure, affordable extra space for equipment, machinery, etc. For individuals and families, they make it easier to keep homes organized and find things like furniture, records, seasonal decorations, tools, and more when you need them. Regardless of what you plan to use your storage container rental or purchase for, it is important to keep it neat and organized so that you can reap the most benefits. Read on for our tips on how to maximize space in your storage container.

Choose the Right Size

One of the most important factors in choosing a storage container to buy or rent is size. Some people and/or businesses require more storage space than others. Storage containers are available in a range of sizes. Carefully consider the general size and volume of items you plan to store. If possible, make a general list of the items you know you will need to house, and work off of that. This might make it easier to rule out certain sizes from the beginning.

If you rent your unit, you can upgrade to a larger size in the future as your storage needs change. Consult with a storage specialist to determine the best storage container size for your specific needs.

Make a Plan for Your Space

Before loading your first item, make a realistic plan that you and/or your staff can stick to. Prioritize making pathways throughout the container with an emphasis on access for most-needed items You can set your container up with aisles through your items if lots of items require regular access. Consider which items need to be accessed the most often and plan around them. These items should be placed closer to the entryway and closest to walkways and aisles.

Create an organized layout and a master contents list for optimal organization. Make multiple copies of these documents and post them on the wall inside the container. You can also create a map that helps you find each item from the list.

In some cases, it may be more difficult to do this, especially if the things you will need to store change frequently. In that case, be more general with your categorization. For example, if you are running a restaurant and need to store lots of cooking utensils, but the utensils you store change frequently, create a space for “kitchen utensils” rather than “mixers,” “spoons,” or “bowls.”

Use Organization Tools and Products

There are lots of products you would use at home or at the office to keep organized that you can also use to make the most of the space in your storage container. Consider using the following:

  • Shelving systems
  • Boxes
  • Labels
  • Vacuum sealer
  • Filing cabinets
  • Storage bins

If you have large quantities of inventory, consider establishing a barcoding system to make it simpler to add new shipments to your container. This is especially helpful for retail businesses that will need to barcode merchandise anyway. It will be much easier to find the inventory you need to keep shelves stocked if everything is barcoded before it goes into the storage container, and you won’t end up digging through other items and making a mess to find them.

Keeping items packed away in boxes will help you maximize space in your storage container. Label all of your items and the boxes and bins in which they are stored. Store like items together in boxes and don’t mix things in together. Use a vacuum sealer on bags, clothes, fabrics, and any other material you can to save space. Filing cabinets can be stacked on top of one another and make it easy to keep lots of documents organized that might otherwise pile up and take up valuable space. Just be sure not to stack things on top of objects that cannot bear the weight.

Store Upwards

It may go without saying, but the more you can stack your items, the more space you can free up. You can use this space for walkways or to add more stored items to your container. Bulky items like furniture and large machinery can be placed at the bottom. Tools, hardware, office supplies, and other such things can be organized into bins and stacked on top of one another.

However, you need to be strategic in which items you can store on top of one another. Boxes must be strong and sealable to stack safely. Do not stack things too high, especially if they are fragile or breakable. It is also best to use strong boxes rather than paper ones, which can break and tear easily and result in a mess of broken objects.

It can be risky to pack your items in too tightly, so make sure to approach this thoughtfully and consider safety at all times. Never block exits or create stacks that are so tall they might fall over, especially into an aisle or walkway.

In Conclusion

A storage container is a great investment for any business or individual. It can be used to free up a substantial amount of space and provide secure protection for any number of items. However, keeping organized is critical to fully maximizing on the space in your storage container. Fortunately, there are some simple steps you can take before packing your unit that can make it easy to store your items and find them when you need them quickly and safely.

Contact Page Street

If you would like to rent or buy a storage container in Candia, New Hampshire, or the surrounding area, contact Page Street Leasing today. We offer a range of quality Indiana storage containers that can accommodate all of your needs. Call (603) 622-1673 or fill out our contact form and a representative will be in touch.

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Image of shipping containers on a ship crossing the ocean.

Shipping Container Shortage 2021

As the US and global economies emerge from the COVID-19 pandemic, supply chains are stressed by demand coupled with scarce materials and labor shortages. The 2021 shipping container shortage and the associated increase in shipping container costs and availability is both a cause and a symptom of overall economic inflation. Shipping containers are scarcer now than they have been in the past 30 years, putting supply chains and storage operations in a challenging predicament.

What Has Caused the Container Shortage?

Since containers transport roughly 70% of the world’s goods, the shipping container shortage has led to broad scarcities of products and components on a global scale. This affects us at Page Street Leasing and our customers in a similar way, with decreased availability and increased prices on shipping containers for onsite storage. While the factors that have created this issue are complex, we’re going to examine some of the major contributors.

Manufacturing Bottleneck

It should come as no surprise that almost all ISO steel shipping containers, which comprise most of Page Street Leasing’s rental fleet, are produced by a handful of factories in China. When the COVID-19 pandemic emerged in late 2019 into early 2020, factories producing containers largely shut down due pandemic mitigation efforts. However, during this period, demand for products carried by containers increased greatly. Essentially, while North America was facing lockdowns and remote work arrangements, consumers increased purchases from large store chains and online retail giants whose goods are overwhelmingly container-borne from Asia. Thus, the shipping container ship owners saw an increase in demand for ocean transport, but they were unable to purchase enough containers to meet this demand due to the factories being shut down. Even after manufacturing capacity began to rebound, the backlog of orders from container ship owners and companies that lease to them has put order fulfillment out far into the future. Stated plainly, the demand for shipping containers by ship owners has created more orders than factories can supply for the next year.

Soaring Shipping Rates

For companies like Page Street Leasing and for our customers, shipping container cost and availability is highly correlated with the prevailing shipping rate being charged by ocean carriers. The cost of shipping a container from ports in China to the East Coast of the US has increased by over 4x. Last year, shipping a 40’ container was approximately $1,500. As of September 2021, it is over $10,000.

How does this affect shipping container costs? The ocean carriers’ ability to charge such high rates for transportation feeds their need for more containers and dominates most of the container production capacity. Ship owners are able to make so much revenue that they are willing to pay a lot more for shipping containers than in the past. They are also much less willing to sell off shipping containers that are currently in service, which is where the supply of used containers for portable storage typically originates.

Congested Ports

As of October 2021, there are over 75 container ships anchored waiting to unload cargo at the ports of Los Angeles and Long Beach. The reasons range from shortages of longshoremen at the ports to offload the ships and a dearth of truck drivers to take the loaded shipping containers to their ultimate destination so they can be unloaded and returned to the port and the ships. While the port worker shortage is more localized, the truck driver shortage is a national issue that has been slowly coming to a crescendo over the past decade. The American Trucking Associations indicated a shortage of 60,000 drivers for available freight in 2019. More drivers are retiring or exiting the profession than new drivers starting their career. By 2024, the shortage is projected to top 100,000 unless the rate of replenishment changes course. Driver compensation has been climbing to help attract and retain a fleet of safe, professional CDL holders, but many factors will need to change and at a faster rate than is realistic to expect. Rail capacity is similarly constrained. What does this mean for end-users of containers for portable storage? The congestion and wait time involved in unloading containers is keeping availability exceptionally slim.

Other Factors

There have been other events in recent months in addition to some ongoing concerns that have caused the shipping container shortage. The blockage of the Suez Canal by a giant container vessel was a global news headline for weeks starting in March 2021. The Ever Given, a 20,000+ TEU (Twenty-foot Equivalent Unit) container ship, was out-of-service when it was stuck in the canal and for months later while the ship operator reached a settlement with government authorities. The tens of thousands of shipping containers on the Ever Given were prevented from reaching their destinations and from reuse, but more importantly, other cargo ships were blocked from utilizing the vital canal route to navigate on to their destination ports.

The trade imbalance between the United States and China also poses a challenge to the global supply chain and flow of container traffic. The greater need for containers is wherever goods to be shipped are located. In this case, the overwhelming majority of goods are in Asia and destined for North America and Europe. Early 2020 saw a shipping container shortage starting on the US coasts and proceeding to inland commercial centers, where the need for empty containers in China to accept product pandemic-fueled consumers became akin to a giant magnet attracting containers from all points of the globe.

Factories in China have been hampered by electricity constraints in 2021, further dampening inventory replenishment efforts. Goldman Sachs estimates that over 40% of China’s industry has been affected by outages and rationing. The extent to which this has specifically impacted container manufacturing is not clear, but suffice it to say that production of shipping containers and the Corten steel used to construct them will likely be hampered.

On The Horizon

Attempting to forecast container availability is a formidable task even for trained supply chain economists. The ability to reliably predict the myriad of moving parts of this issue is difficult and any recommendations should be considered critically. If you are in the market to rent or purchase a container for onsite storage, there are some options to consider, depending upon your individual needs. One option would be to wait it out. There are some indications that this shortage could be temporary, as Chinese manufacturers are on track to produce a record number of shipping containers in 2021, which would be a logical way to effectively nullify a shortage. Increased production could cause container prices to stabilize and return to a level more in line with the 10-year average within the next couple of quarters. However, there’s reason to believe that this will not help the shortage anytime soon, as the number of ships to take these new containers will not be in service for another year or two, and this does not address the bottleneck at the ports and inland transportation. A near-term decrease in container prices may depend upon a sharp decrease in demand for consumer products.

If you need a container sooner than the ‘wait and see’ scenario, renting is an option that might make sense. In general, rental prices have not increased at nearly the same rate as purchase prices. If you’re planning upon having the container for less than 3 years or so, renting a unit may protect against the risk of buying an expensive container only to have the asset value drop significantly if/when the market normalizes. The cost to rent a container for a year could very well be less than the amount it would depreciate if it were purchased at a record high in the market. If you plan on keeping the container for longer than that and need it now, then the higher price might not make as much of a difference to you in the long term, especially when broken down by years of useful life left in the container. However, it’s important to realize that this is all speculative and should not be taken as financial advice.

Contact Us

Whether you decide to rent or buy a shipping container or trailer, our purpose is to help fulfill the onsite storage needs of our extended local community. Please don’t hesitate to contact us for assistance or for any insights we might be able to add with respect to your situation. We’ll continue to look ahead and navigate through the supply chain issues with the best information available.

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Image of storage containers to rent

Welcome to Page Street Leasing

Page Street Leasing LLC was established in 1986 to provide convenient, flexible storage at the customers’ site. For over twenty years, homeowners and businesses have trusted Page Street Leasing for their on-site storage solutions throughout southern New Hampshire and beyond.

Areas served include the following and surrounding areas: Nashua, NH, Portsmouth, NH, Concord, NH, Brattleboro, VT, Keene, NH, Lebanon, NH, Sanford, ME, Kittery, ME, Biddeford, ME, York, ME, Claremont, NH, Tewksbury, MA, Andover, MA, Rochester, NH, Derry, NH, Exeter, NH, Haverhill, MA, Chelmsford, MA, Billerica, MA, Lowell, MA, and Wilmington, MA.

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