What is the effect of standardization, containerization, and computerization on the foreign trade process?

Answer 1

If the teleport of objects was invented then this would be instant.

Answer 2

I dont know.. but it is making me cross-eyed seeing so many huge words in the same sentence.. If I could focus I might have an answer..

I think it would streamline the process.. because everything would be simplified.. languages, trade expectations from having standard rules that would apply universally.. and the speed at which these transactions would seamlessly occur.
Something like that.. now poke me in the eyes, please :)

Answer 3

International Terminal Operating Company, Inc. (ITO) was founded in 1921 by Captain Franz Jarka. Originally called The Jarka Corporation, the company specialized in handling freight and passengers in the Port of New York. Soon, The Jarka Corporation expanded its services to encompass the ports of Boston, Philadelphia, Baltimore, and Hampton Roads, Virginia. In 1962, ITO was acquired by Ogden Corporation. In 1983, the company merged with John W. McGrath Corporation, which included Atlantic and Gulf Stevedores, Inc. and integrated their North Atlantic and Gulf Coast operations. Ogden and McGrath continued to share ownership of ITO.

ITO opened its first public container handling facility in 1967, and it was among the first to utilize computers in its terminal operations. The company used the latest technology to coordinate all its port activities, including receiving and delivery functions, cargo documentation, and terminal security. ITO worked with many of the largest container, break-bulk, and specialized cargo carriers in the world and became one of the largest stevedores and marine terminal operators in the United States. In 1999 the United Kingdom-based Peninsular and Oriental Steam Navigation Co. (P&O) acquired ITO. The company then became part of P&O Ports, one of P&O's many subsidiaries. P&O Port's operations spanned 17 countries around the globe. In all, P&O Ports ran 24 container terminals in 84 ports.

Widespread introduction of computers affected all forms of port activities and extended into every sector of cargo handling. A number of ports in North America and Europe introduced computers for office administration tasks, such as payroll and accounting. Several ports applied computers to the actual work of container control and cargo clearance, and they also developed their own information retrieval systems. Computers eventually were used for all aspects of port operation, and in the nottoo-distant future, containerized cargo might be electronically inspected for damage, logged in by some type of electronic or laser-sensing device, coded, and recorded by computer.

In the face of continued automation and computerization throughout the marine cargo handling industry, labor unions began trying to prevent the elimination of jobs. Now the unions faced "a new, more sophisticated menace" with the industry's push toward further computerization and the introduction of robotics. Yet, employers claimed that to match their competitors, they must invest in the new equipment and advanced technology. Recognizing that reality, the ILA took the position of not blocking progress in its entirety, but instead claiming jurisdiction over the automated jobs.