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How Containerization Supercharged Global Trade

Containers
Archives, Global Trade Daily, International Trade

How Containerization Supercharged Global Trade

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The Illinois Soybean Association created a series of infographics demonstrating the ways in which containers are used efficiently and create opportunities for many industries. Many aren’t aware of the numerous ways in which shipping containers made transportation easier, thereby supercharging global trade.

The first container shipped from Newark to Houston in April 1956. This set off an era of tremendous efficiency in global shipping of goods and created a standardized unit that could be carried by any truck, train or container ship. Containers today carry anything from bananas to electronics to soybeans. Some ships can carry an astonishing 11,000 containers that are 20ft long.

Currently, container shipping underpins that global economy is moving $4 trillion of goods every year. Read more at https://www.ilsoy.org/.


Soybeans Containerization
Archives, Global Trade Daily, Imports/Exports

How Soybeans Can Save Billions in Container Repositioning

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Containers are essential to the shipping and trade industry, making shipping more efficient and often faster. However, many containers are left to sit idle due to the trade imbalance in the U.S. Costing the industry billions of dollars a year, vacant containers sit empty and cause congestion at ports.

However, container repositioning offers a solution to the wasted money and time many face. By repositioning containers to back-haul with U.S. soybeans, it works to help alleviate a huge problem in global trade.

This introduces profitability when product flows back and forth and offering opportunity to US farmers. In fact, many Asian markets have shown a growing preference for containerized shipping of specific goods, such as soybeans due to the preservation it offers to fresh goods. By working to reposition containers, it offers savings as well as opportunity for U.S. farmers. Read more at https://www.ilsoy.org/.


Archives, Global Trade Daily, Imports/Exports

Soybean Transport Efficiencies: Containers Win the Export Race

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Illinois, the global leader of producing and exporting soybeans, is uniquely positioned to efficiently export soybeans through container shipping or bulk barge to international markets around the world. With about two-thirds of Illinois soybeans destined for export, it’s crucial to ensure an efficient transportation process. Containers and bulk shipments of soybeans from Illinois can travel through the Gulf of Mexico, the Pacific Northwest, California and even the St. Lawrence Seaway to reach Asian markets.

Not only is container shipping faster, but it also results in higher quality soybeans by preservation in container. Standard freight containers are loaded and sealed, then transferred onto ships, trains and trucks with the goods secured throughout the transportation process. Shipping via container is on average 42 days in comparison to 51 days via bulk vessel shipping. For more information, visit: http://bit.ly/2WM8OuP

Archives, Global Trade Daily, Special Reports

Infographic: Containers Give Illinois an Edge in Quality Soybean Exports

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Illinois is the global leader in producing soybeans. In 2018, Illinois farmers grew nearly 700 million bushels of soybeans, the highest of any state. If Illinois was a country, it would be the 4th largest soybean producer in the world. Not only does Illinois offer a large amount of soybeans, but the state also offers specialty and preserved quality beans.

With container shipping, soybeans are able to travel to international destinations while maintaining quality throughout the supply chain. Containerization limits damage from fungi, insects and foreign material. For food-grade, identity-preserved and non-GMO soybeans, container shipping is the preferred method.

Beans can be loaded on or near the farm and remain in the same container throughout the journey, from truck to rail to ocean vessel. This, in turn, reduces handling and prevents any potential damage. For more information about the benefits of container shipping, visit: https://bit.ly/2VDkYWp