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Yard journal · Buying

Cost per trip is the only packaging metric that matters

Unit price tells you what you spent. Cost per trip tells you what it cost. They routinely point at different boxes, and the second one is right.
Published
January 21, 2025
Written by
Sandor Vitkevich
Reading time
9 minutes

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Key takeaways

  • Cost per trip = (unit price + freight − residual) ÷ effective trips. Most buyers have one of those four inputs.
  • Used 2A runs about $1.98 a trip against $4.06 for new; the cheapest option on the table is the worst of all at $4.75.
  • Effective trips is a divisor, which is why it has the largest leverage and is the input nobody measures.
  • Residual value is negative if your supplier will not buy the container back — disposal costs money.

Almost every packaging purchase in North America is evaluated on unit price, because unit price is the number on the invoice and the number in the procurement system. It is also, in reusable packaging, close to meaningless on its own.

The formula

Cost per trip = (unit price + freight per unit − residual value) ÷ effective trips achieved.

Four inputs. Most buyers have one.

Unit price

The easy one, and the one everybody optimises. It is typically fifty to seventy per cent of the answer and it gets ninety-five per cent of the attention.

Freight per unit

Enormous for bulky low-value goods. Flattening changes this by a factor of twenty or more. Backhaul availability on your lane changes it again. A box that is a dollar cheaper and ships assembled is not cheaper.

Residual value

What the container is worth when you have finished with it. If your supplier buys boxes back, this is two to three dollars on a five-wall gaylord. If they do not, it is a negative number — because disposal costs money.

Effective trips

How many journeys you actually get, after damage and losses. This is the input nobody measures and the one with the largest leverage, because it is a divisor.

The same decision, evaluated both ways
OptionLanded unit priceEffective tripsResidualCost per trip
New 5-wall$22.655.8−$0.90$4.06
Used 2A 5-wall$11.404.7+$2.10$1.98
Used 3A 5-wall$9.153.2+$1.30$2.45
Used 4A, reconditioned$7.602.1+$0.60$3.33
Used 4A, as-is$5.901.2+$0.20$4.75

On unit price, the last row wins by a mile. On cost per trip it is the worst option on the table — worse than buying new. That inversion is the entire point.

When the cheap box genuinely wins

When effective trips is one whatever you buy. One-way outbound shipments, processes that destroy containers on discharge, material that goes to a customer and never returns. In those cases durability is a donation and the cheapest surviving box is correct.

Which is why most well-run operations buy two grades: a better one for the loop, a cheaper one for the one-way flow. Very few do, because procurement systems dislike two part numbers for the same thing.

Getting the trips number

Mark fifty boxes with a paint pen. Record weekly how many are still in service. Twelve weeks. Five minutes a week. It is the only way to get this figure, no supplier can give it to you, and nearly everyone who does it finds the real number is well below the assumption.

The line that usually gets missed

Residual value. Ask any supplier whether they will buy the containers back at end of life. If the answer is no, that line is not zero — it is negative by whatever your disposal costs, which for most sites is somewhere between forty cents and a dollar per box once compactor pulls are apportioned.

Questions

Follow-ups on this post.

When is the cheapest box the right answer?
When effective trips is one whatever you buy: one-way outbound shipments, processes that destroy containers on discharge, shipments to customers who will not return anything. In those cases durability is a donation.
Why do most operations not run two grades?
Because procurement systems dislike two part numbers for the same thing. It costs us nothing to split a load into 2A for outbound and 3A for internal handling, and it routinely saves a fifth of the invoice.

Sandor Vitkevich · January 21, 2025 · Buying

Written at the ReGaylord reload yard, 3259 Fiberglass Rd, Kansas City, Kansas. If any of it is wrong, or you have better data, tell us — several of these posts exist in their current form because a customer argued with an earlier one.

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