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.
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