15 Questions
Which industry moves 95% of all manufactured goods around the world?
Shipping industry
What revolutionized the shipping industry in 1956?
Introduction of standardized container sizes
What is the main advantage of using standardized containers in shipping?
Reduced transport cost
What percentage of manufactured goods were containerized by the 1980s?
90%
What is one criticism of the shipping industry?
Environmental pollution
What caused a wave of consolidation in the shipping industry?
Price wars
What is the approximate cost of transporting a single container from Shanghai to Hamburg?
$5
Which method of shipping has seen the most recent growth?
Shipping by satellite-tracked reefer boxes
What can keep bananas fresh for up to 50 days?
Satellite-tracked reefer boxes
What is the future of global cargo distribution likely to involve?
Blockchain technology
Where will the first 'Tesla of the Seas' be launched?
Norwegian Fjord
What will the 'Tesla of the Seas' be used to transport?
Fertilizer
What will the 'Tesla of the Seas' replace?
Truck routes
What is the estimated capacity of the crewless behemoths?
50,000 containers
What is the main benefit of using blockchain technology in cargo distribution?
Improved tracking and security
Test your knowledge on the history and significance of container shipping, the industry that moves 95% of all manufactured goods worldwide. Explore its origins, growth, and impact on the global economy in this engaging quiz.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free