Logistics Flashcards
1
Q
Containerization.
A
- The system, developed after World War II, dramatically reduced the costs of transport, supported the post-war boom in international trade, and was a major element in globalization.
- Containerization has its origins in early coal mining regions in England beginning in the late 18th century.
- Containers occasionally fall from ships, usually during storms; according to media sources, between 2,000[57] and 10,000 containers are lost at sea each year.