The past few years have been very difficult for people all around the world. No matter your age, gender, or location, the coronavirus pandemic has probably had a negative impact on your life in ways you never thought possible.

The recent outbreak of the pandemic has caused industries all over the world to struggle, including those in portable storage. This only makes things more difficult for you. To help ease your worries, we thought we would explain how supply chain issues have impacted the portable storage industry and what steps you can take to avoid potential problems.

Container Storage and Supply

Rest assured, we have your supplies. You may wonder where they are since they’re either at sea or stuck in a port, but don’t worry, they’re in our containers. Virtually all of the storage containers in the world are produced overseas, and when we purchase them, they load them up with supplies to make that voyage across the ocean worthwhile. So, when your supplies are stuck, so are ours.

That’s problem number one. The second issue is that the lack of supplies has led to scarce maritime resources, making it difficult to bring containers back from overseas manufacturers.

Container Storage and Demand

Since there is less supply, the demand for products has also risen, and by a lot.

This is because when inventory finally arrives, some companies end up with more products than they need due to either back-orders being filled or ordering too much to guard against running out again.

Recently, some residential home builders reached out to us looking for a way to store raw materials safely. Other times, healthcare institutions needed somewhere to stash surplus hand sanitizer. There are myriad industries that use containers for storage, and we’re here to help all of them!

How Supply and Demand Affect Container Pricing 

Container prices have inflated immensely due to the global pandemic, with some costing nearly three times as much as they did a few years ago. The high demand and low supply resulted in us having to bid against other companies for containers all over the world.

What You Can do

Having a plan B is always important, but it can be difficult to know what to do when your business depends on something out of your control. Our best advice is to stay in close communication with your storage unit provider. At UNITS of Miami, we’re dedicated to meeting the needs of our existing customers. By planning ahead, you can hopefully avoid any problems and keep your operation running smoothly.

Contact us today to learn more about the current inventory at UNITS of Miami or learn more about portable storage.

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