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Containerization

Pioneers

Malcom McLean, Chinese shipping entrepreneurs

Main benefits

Improved efficiency • Reduced cargo loss and damage • Faster and cheaper transportation

Invention date

Mid-20th century

Economic effect

Helped cement Asia's role as the world's economic center of gravity

Innovation type

Modular standardized containers

Modes of transport

By sea (container ships) • By land (containerways)

Impact on global trade

Transformed shipping methods • Reshaped supply chains • Catalyzed economic growth and modernization of Asia

Containerization