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.

Keeping your equipment management simple & your account in check

That daily charge never stops until the unit is returned, reconciled or paid out at the pooler's lost-equipment rate.

Step one

You pay once, daily

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

Step two

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.

The way out

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.

One unit, one daily rate: watch it compound

These are illustrative daily hire rates. Actual rates vary by account, equipment class and provider (CHEP/Loscam).

Timber pallet

Shown per unit, at three illustrative daily rates. These are hire expenses for a single unit.

Daily rate30 days90 days1 year
$0.06$1.80$5.40~$22
$0.14$4.20$12.60~$51
$0.22$6.60$19.80~$80

Plastic pallet

Shown per unit, at three illustrative daily rates. These are hire expenses for a single unit.

Daily rate30 days90 days1 year
$0.75$22.50$67.50~$274
$0.95$28.50$85.50~$347
$1.15$34.50$103.50~$420

Produce crate

Shown per unit, at illustrative daily rates. These are hire expenses for a single unit.

Daily rate30 days90 days1 year
$0.045$1.35$4.05~$16
$0.069$2.07$6.21~$25

Bin

Plastic, wave and foldable bins, shown per unit at illustrative daily rates. These are hire expenses for a single unit.

Daily rate30 days90 days1 year
$1.20$36.00$108.00~$438
$1.30$39.00$117.00~$475
$2.25$67.50$202.50~$821
$2.70$81.00$243.00~$986

IBC / bulk container

Pallecon and container units, shown per unit at illustrative daily rates. These are hire expenses for a single unit.

Daily rate30 days90 days1 year
$4.30$129.00$387.00~$1,570
$4.95$148.50$445.50~$1,807
$6.25$187.50$562.50~$2,281
$7.10$213.00$639.00~$2,592

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.

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

Hire cost over the period

$5,110

100 units × $0.14 × 365 days

Hire keeps accruing on every lost unit until it's returned, reconciled or paid out at the pooler's compensation rate.

One unaccounted IBC ยท $6.25 a day

$0.00

That's 0 days of hire on one unit, at a day per second. On your account it never stops.

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Keeping your equipment management simple & your account in check

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