The cost of lost equipment

Pooled equipment is hired, not owned

You pay a daily hire charge per unit for every day it's on your account, including units effectively lost or gone without paperwork.

That daily charge never stops. Not until the unit is returned, reconciled, or you pay the pooler's lost-equipment compensation for it.

You pay once, daily

Every unaccounted unit keeps accruing its daily hire charge, month after month, whether or not you still have it.

Then you pay again

Miss the paperwork and you eventually pay the pooler's compensation for the unit itself, on top of every day of hire already charged.

Paperwork is the way out

A correctly documented transfer moves the charge to where the equipment actually went. That's why documentation is the product.

How it adds up

One unit, one daily rate, watch it compound

Illustrative daily hire rates. The standard rate is the high end; large national accounts negotiate down, smaller accounts pay more, so we show a range per equipment type. Your rate also depends on the provider (CHEP/Loscam).

Timber pallet

Per unit, at three illustrative daily rates

These are hire expenses for a single unit.

Daily rate 30 days 90 days 1 year
$0.06$1.80$5.40~$22
$0.14$4.20$12.60~$51
$0.22$6.60$19.80~$80

Plastic pallet

Per unit, at three illustrative daily rates

These are hire expenses for a single unit.

Daily rate 30 days 90 days 1 year
$0.75$22.50$67.50~$274
$0.95$28.50$85.50~$347
$1.15$34.50$103.50~$420

IBC / bulk container

M2 · M3 Pallecon. Per unit, at three illustrative daily rates

These are hire expenses for a single unit.

Daily rate 30 days 90 days 1 year
$3.45$103.50$310.50~$1,259
$4.45$133.50$400.50~$1,624
$5.44$163.20$489.60~$1,986
Your numbers

Calculate your own exposure

Pick an equipment type, then enter your actual rate, how many units are unaccounted for, and for how long.

Pre-filled with an illustrative mid-range rate. Replace it with your rate.

Hire cost over the period

$0.00

Hire keeps accruing on every lost unit until it's returned, reconciled, or you pay the pooler's lost-equipment compensation.