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Pages:
1 page/β275 words
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1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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Topic:
What advantages has containerization in maritime shipping brought ? Are there any parallels with the air freight industry ?
Essay Instructions:
What advantages has containerization in maritime shipping brought ? Are there any parallels with the air freight industry ?
Essay Sample Content Preview:
Containerization in Maritime Shipping
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Containerization in Maritime Shipping
Before the advent of containerization intermodal means of transportation, logisticians suffered loss or theft of cargo during transit, unnecessary expenses in handling goods and delayed port operations among others. These chronic problems led to the introduction of containerization in 1954 that revolutionized the transport industry. Containerization is the increased and generalized use of the standardized container to facilitate freight transportation. This mode of transportation has enhanced intermodal transportation where the transport equipment is transferable to all forms of transport with the exception of pipeline transport.
In relation to bulk-container transport, both the exporter and importer enjoy lower transshipment costs because of the resulting economies of scale. Additionally, shipments transported in containers are less prone to damage and theft thus low insurance rates. A conta...
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