Containerization Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
MOV | F | Move Logistics Group Limited | 0.00 | |
AZJ | D | Aurizon Holdings Ltd | 0.59 |
Related Industries: Integrated Freight & Logistics Railroads
Date | Stock | Title |
---|---|---|
Nov 16 | AZJ | With A Return On Equity Of 9.1%, Has Aurizon Holdings Limited's (ASX:AZJ) Management Done Well? |
- Containerization
Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers and ISO containers). Containerization is also referred as "Container Stuffing" or "Container Loading", which is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes unlike other systems viz the barge system or the palletization. The containers have standardized dimensions. They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is completely mechanized so that all handling is done with cranes and special forklift trucks. All containers are numbered and tracked using computerized systems.
Containerization originated several centuries ago but was not well developed or widely applied until after World War II, when it dramatically reduced the costs of transport, supported the post-war boom in international trade, and was a major element in globalization. Containerization eliminated manual sorting of most shipments and the need for dockfront warehouses. It displaced many thousands of dock workers who formerly handled break bulk cargo. Containerization reduced congestion in ports, significantly shortened shipping time and reduced losses from damage and theft.Containers can be made from a wide range of materials such as steel, fibre-reinforced polymer, aluminum or a combination. Containers made from weathering steel are used to minimize maintenance needs.
Popular Now
Recent Comments
- TRTCryptoCraig on Bad Quotes for 28 May...
- TraderMike on Bad Quotes for 28 May...
- TraderMike on Market Recap for Friday, May 31, 2024
- PleasantTurtle699 on Market Recap for Friday, May 31, 2024
- TraderMike on Market Recap for Friday, May 31, 2024
From the Blog
Featured Articles