The impact of containerization on the U.S. economy

a report to Maritime Administration, U.S. Department of Commerce...
  • 2.84 MB
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  • English
by
National Technical Information Service , [U.S.]
Statementprepared by Matson Reseach Corp..
ContributionsUnited States. Maritime Administration.
The Physical Object
FormatMicrofiche
Pagination5 microfiches
ID Numbers
Open LibraryOL18510967M

Get this from a library. The impact of containerization on the U.S. economy: a report to Maritime Administration, U.S. Department of Commerce. [Matson Research Corporation.; United.

Abstract Since its advent the container has affirmed its position as an agent of global conversion by helping shape international commerce.

It has become the core element in a system that allows for goods to traverse the world in a timely manner at a much lower : Lance E. Hoovestal. The book delves into these issues and explores the many ramifications of the evolution of container shipping upon the economic, political and financial impact of the system.

Fascinating stuff and I would have rated the book higher but it tends to be dry, repetitive stuff and at times the chapters seemed more like sequential essays than a by: The container box is the key to the multimodal transport system that allows materials to be seamlessly transported across the globe, as the material basis of the dispersed production chains on which the global economy chapter examines the analogies between containerization and digitalization as two different modalities of technical standardization.

Economic effects of containerization From a transportation technology perspective, containerization resulted in the introduction of intermodal freight transport, since the shipment of a container can use multiple modes of transportation -ship, rail or truck- without any handling of the freight when changing modes.

The impact of containerization on the U.S. economy book a paper published in February cleverly disentangles the impact of trade deals from that of containers.

Looking at 22 industrialised countries, it finds that containerisation is. How the shipping container created today’s global economy Shipping containers standardised many aspects of trade, allowing globalisation to.

The container is its own warehouse, protecting the cargo it contains. This implies simpler and less expensive packaging for containerized cargoes, particularly consumption goods.

The stacking capacity on ships, trains (double-stacking), and on the ground (container yards) is a net advantage of containerization. transportation literature and prominent economic commentators –like Paul Krugman- have attributed a large role to the introduction of the container.

However, despite the container's alleged impact on the increase in world trade, quantitative evidence on the effects of the container is still missing. Containerisation has been a catalyst for globalisation. A container can be handled anywhere in the world and ships, port equipment etc.

adjusts to handling them with optimum efficiency and with big economies of scale Manufacturers can optimise their packaging to fit into a container and thus lower the unit cost of transportation. The introduction of shipping containers made it possible to drive the cost of international shipping down, dramatically impacting the global commercial economy.

Although containerization provided a breakthrough in the global shipping sector, there were several adverse effects that were felt because of the changes it wrought.

The labour force that was otherwise employed in the dismantling and the assembly-line operations, prior to the development of cargo containers started to become redundant.

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The Local Impact of Containerization We investigate how containerization impacts local economic activity. Containeriza- tion is premised on a simple insight: packaging goods for waterborne trade into a stan- dardized container makes them cheaper to move.

Economic effects of containerization From a transportation technology perspective, containerization resulted in the introduction of intermodal freight transport, since the shipment of a container can use multiple modes of transportation -ship, rail or truck- without any handling of the freight when changing modes.

The container lends itself to intermodal transportation—a container can be moved by train, ship, and truck year, NPR’s Planet Money produced an 8-part series that tracked the production and distribution of the T-Shirt.

This series explored many great topics for geo-educators, but I would like to emphasize the podcast on the container; the unsung hero of the global economy. Fredrik Hermansson, Managing Director of Greencarrier Liner Agency Sweden, makes an attempt to identify global trends that will impact container shipping industry.

Namely, he concludes to 6 general trends, sharing his forecast on future supply and demand, ports and merging markets, among others. The most profound impact of the container is on the global economy as a whole.

Worldwide, inmillion TEUs were shipped, with over a quarter of those shipments coming from China. Globalisation and container shipping enjoy a reciprocal relationship.

There is no. Over time, containerization accelerated the growth of worldwide trade and facilitated just-in-time logistics. Nowadays containerized transport is a real utility, indispensable for a global economy. Development of Containerization shows how the container-sector coped with the challenges it.

The shipping container might seem an unlikely candidate for the most influential invention of the 20th century, but it has arguably had a bigger impact than the aeroplane or. Virginia Postrel Economic Scene column traces history of shipping containers, which revolutionized international shipping 50 years ago (M).

But the most profound impact of the container is on the global economy as a whole. Worldwide, by the early s, million foot containers were moved by sea each year, with over a quarter of those shipments coming from China (Levinson ). As Slack (25) puts it: Globalisation and container shipping enjoy a reciprocal relationship.

Containerization has an ambiguous impact on nominal wages, depending on the balance between productivity gains from access to a larger market and greater competition from lower-priced distant firms. Our findings are consistent with these theoretical predictions. This book offers guidance on the principles, methods, and practice of impact evaluation.

It contains material for a range of audiences, from those who may use or manage impact. Transport (commonly used in the U.K.), or transportation (used in the U.S.), is the easiest way of movement of humans, animals and goods from one location to another.

In other words, the action of transport is defined as a particular movement of an organism or thing from a point A (a place in space) to a point B.

Modes of transport include air, land (rail and road), water, cable, pipeline and. the container is designed to work within existing transportation systems already in place. So while it is the case that the container impacted U.S.

infrastructure in certain ways, the global infrastructure of containerization has largely operated through national systems rather than transforming or. Literature on the Container Marc Levinson (): “The Box”. BBC series: “The Box”.

Geography and Transportation economics case study literature. Broad Quantitative evidence of the effect of containerization appears to be lacking. Levinson (, p.8): “How much the container matters to the world economy is impossible to quantify”.

Downloadable. We investigate how containerization impacts local economic activity. Containerization is premised on a simple insight: packaging goods for waterborne trade into a standardized container makes them dramatically cheaper to move.

We use a novel cost-shifter instrument -- port depth pre-containerization -- to contend with the non-random adoption of containerization by ports. now dominates ocean shipping, and containers account for well over 75 percent of U.S.

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domestic rail traffic (Rodrigue, ). To understand containerization’s impact on local economic growth and guide our empirical investigation, we turn to a standard new economic geography model based.

estimate that containerization caused international trade to grow by more than percent in the 15 years since Containerized trade now dominates ocean shipping, and containers account for well over 75 percent of U.S. domestic rail traffic (Rodrigue, ). Containerization’s impact on cities is theoretically ambiguous.

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The new economic. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis.

The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today’s important. Shipping Container Inventor Transformed World Trade In the s, Keith Tantlinger built a better box and forever changed the way global business operates.

His take on the shipping container made.Advantages Of Containerisation. What is containerization and how did the innovative use of containers transform the distribution of goods? “Containerisation is a method of distributing merchandise in a unitised form suitable for transportation by rail, road, air, canal and sea.” (Branch,p).

The simple principle of the container has undoubtedly made the global economy grow, and. These changes will exert a positive impact on some sectors of the economy and an adverse impact on others. 2. Government debt will affect growth. The increases in federal expenditures and the reduction in government revenue are being financed almost exclusively by borrowing and will push the federal debt to $30 trillion sometime during