Ocean containers – the world in the box &quot;This box not only brings the world to your living room - it has changed the world.&quot; Jeremy Hillman Editor, BBC business and economics unit On the container Bryan Cunningham TRACKING THE BOX
Bryan Cunningham MOVING THE WORLD Ocean containers – the world in the box PRESENTED BY
Contents Evolution of containers The business of containers Security and documentation Issues with containerization
Understanding a container A container is prefabricated mobile storage space created for transportation of goods. Built for various purposes have varying construction feature such as metal, wood, open or closed, refrigerated or ordinary and so on. Various agencies having various sizes and shapes, numbers and coding now abound the logistic landscape throughout the world.
Containerization A system of intermodal freight transport using standard intermodal containers as prescribed by the International Organization for Standardization (ISO). These can be loaded and sealed intact onto container ships, railroad cars, and trucks.
THE KEY FEATURES, BENEFITS AND ADVANTAGES OF CONTAINERIZATION Containerization that changed the global logistics
The back-haul-empty issue Simply speaking what is to be done with the empty containers on the backhaul routes.
U.S. Waterborne Foreign Container Trade (all trading partners) The rising trade gap
The back-haul-empty problem Studies have shown that one in every four ocean containers moving through the U.S. container points is empty, without any cargo revenue to compensate the move. Estimated 1.5 million empty containers are just sitting ducks.
Bryan Cunningham “ The logic of shipping freight in containers was so compelling, the cost savings so enormous, that the container took the world by storm” Marc Levinson. Princeton Author In his book The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger. Presented by