What Is a Day Rate?

The daily rate of storage tons of goods is the standard of warehouse rent charges per ton per day calculated by the commercial warehousing enterprise on behalf of the owner of the goods, and is the basis for the calculation of warehouse rent. With the approval of the local commercial administrative department, storage enterprises can calculate the ton and day cost of storage costs based on factors such as the complexity of the operation of entering and leaving the warehouse, the zeroing situation, the ease of storage, the value, the storage facilities, and the storage operation policy. Coupled with reasonable profits, a daily warehouse rent rate of several tons per ton was worked out. ^[1]