Smart Sourcing: Understanding Depreciation and Resale Value in the Shipping Container Market
Is a Shipping Container a Depreciating Asset? When you buy a shipping container, are you ‘spending’ money or ‘investing’ it? Unlike a vehicle, which loses 20% of its value the second it leaves the lot, shipping container resale value behaves much more like a commodity. Because the ‘scrap’ value of high-grade corten steel is a […]