Can collaboration cut shipping costs?

Thanks to the invention of Malcom McLean, containerization has been able to reduce shipping costs for shippers since cargo is now shipped into these metal boxes providing a faster and more secure package for goods transportation. However, the costs of maintenance, repairing and empty positioning of containers are left to container shipping lines. In 2008, the container fleet will pass the 20 million teus line, so keeping containers over half of their lifetime in an empty status will dramatically affect carriers' bottom line profitability as well as the capacity to serve carriers' cargoes by ports and depots.

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