The introduction of container shipping in the late 1950s and early 1960s has received little attention from historians, but it represents a major technological advance with significant economic consequences. By dramatically lowering the cost of freight handling, the container reduced the need for factories to be near suppliers and markets and opened the way for manufacturing to move out of urban centers, first domestically and then abroad. This impact was particularly intense in New York City, where the container revolution began. Containerization had a devastating impact on New York City's economy, and was a major contributor to the collapse of its industrial base between 1967 and 1975.
CMA-CGM, one of the three largest container-shipping companies in the world, will provide its shipping service to the Port of New Orleans starting Oct. 1. The French container shipping line will also extend its Gulf Express Shipping service to Puerto Cabello in Venezuela, where it will make its first call Sept. 21.
SHANGHAI, Dec. 12, 2011 /PRNewswire/ -- The Journal of Commerce and PIERS, container shipping-focused units of UBM Global Trade, signed a strategic agreement this week with the Shanghai Shipping Exchange to provide greater container shipping data and analysis on trade between the United States and China and to cooperate on the JOC's Container Shipping Conference in Shanghai, to be held for the second year in June 2012. (Photo: http://photos.prnewswire.com/ prnh/20111212/NY20839)
System Would Safely Detect Ionization of Air Surrounding Containers Holding Radioactive Material COLLEGE PARK, Md., Nov. 22, 2010 /PRNewswire-USNewswire/ -- The shipment of cargo containers is a critical component of international trade and plays a fundamental role in the global economy. According to the U.S. Bureau of Customs and Border Protection, about 90 percent of the world's trade is transported in cargo containers, with almost half of incoming U.S. trade arriving by containers aboard ships. As terrorist organizations have increasingly turned to destroying economic infrastructure to make an impact on nations, the vulnerability of international shipping has come under scrutiny.
PORTLAND Work will begin this week on a $5 million upgrade at the International Marine Terminal in Portland, where operators say a pier expansion and improved container yard will help sustain recently rebooted container shipping at the site. Executive Director John Henshaw of the Maine Port Authority said hes busy visiting with companies in the state to convince them of the benefits of shipping through the terminal. Start-up shipper American Feeder Lines restarted large container shipping service to Portland last month, more than three and a half years since the Icelandic company Eimskip stopped calling on the city in late 2007.
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