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Issue:

American History

 

Written by:

John R

 

Date added:

December 15, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 679

 

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Grounded on 2005 data, containerized freight only accounted for just 3% of total freight volume, and most local containers did not comply with international standards in regards to size (Kwan and Knutsen, 2006). To accelerate economic growth, China must properly and strategically containerize its inland economy (Sowinski, 2008)...
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In late 2003, the China Railway Container Transport Co was founded by Ministry of Railways. This organization prioritized its effort to expand container-on-barge service and this quickly has become prevalent along the Yangzi River, a 5920km water channel from eastern Tibet to the East China Sea at Shanghai and spanning across seven provinces that account for 40% of China’s GDP (Kwan & Knutsen, 2006)...
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