A container is a steel receptacle using for moving goods.
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What is a container?
A container is a steel receptacle used to transport ocean and rail shipments. The modern container was invented in the 1950s by Malcolm P. McLean, who owned a steamship company and wanted to be able to lift a container from a vehicle directly on to a ship without first having to unload its contents.
The incoterm FCA should be used for containerized shipments, instead of the pre-container era incoterm FOB.
Common container sizes include 20,’ 40,’ 40’ High Cube, and 45’ High Cube.
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Related Glossary Terms
TEU (Twenty-foot Equivalent Unit)