What do SOC and COC mean in logistics inquiries?SOC (Shipper’s Own Container) — Owner’s Own ContainerA container purchased, leased, or owned by the shipper (owner).From the moment you own this container, it belongs to you, and you are responsible for its allocation, maintenance, and recovery.Imagine owning a car; you can go wherever you want, and you are responsible for maintenance, repairs, insurance, etc.It usually bears the name of the owner or leasing company, not the shipping company’s logo.COC (Carrier’s Own Container) — Carrier’s Own ContainerA container provided and owned by the shipping company.The shipping company takes great care of these containers, responsible for their allocation, recovery, and maintenance.The shipper only needs to pay for usage.Imagine going on a trip, choosing a rental car company, renting a car that belongs to the rental company; you only need to pay the daily rental fee, and you don’t have to worry about maintenance or repairs. COC is similar to this situation.SOC and COC each have their advantages and disadvantages, and there is no absolute good or bad.Currently, renting a container costs about $800-1200 (50 days free of rent), and it is generally negotiable to get 60 days free of rent.