Containerized Freight and International Trade
It seems simple enough. Trade requires freight. Freight moves in containers. It has not always been that way. The standard 20’ or 40’ container is a relatively new development. Freight moved anyway so what is the big deal?
The big deal is cost and location. Before containerized freight each item of cargo had to be handled individually every time it changed mode. Manufacturing facilities needed to be as close to market as possible. Close was measured in how many modes of transportation were required. That was the reason for the growth of the big seaport cities. The ease and relative inexpensiveness of transferring containers has nullified this effect somewhat.
Anyplace a truck or train or airplane can go is a potential shipping node. Around these nodes manufacturing and distribution centers can develop. These are followed by service industries and the businesses that are necessary to support a growing population. Whenever and wherever a new container node arises is an opportunity for real estate people to cash in on the growth.
David Segrest is a REALTOR in Charlotte NC. His website is http:www.segrestrealty.com .
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