Export Import Documentation MBA 3 Sem

The Most Important Questions

Antim Prahar
1 Containerization and letter of credit

•Containerization:

•Containerization is like using standardized boxes to transport goods. Just like how you use a lunchbox to carry your food, containerization uses large metal boxes to carry goods across different modes of transportation like ships, trains, and trucks.

•Advantages:

•Efficiency: Containers make loading and unloading goods faster because they’re all the same size and shape. It’s like playing Tetris with boxes!

•Security: Containers protect goods from damage and theft during transportation. Once sealed, it’s difficult for anyone to tamper with the contents.

•Cost-Effective: Since containers can be easily transferred between ships, trains, and trucks, it reduces the time and cost of handling goods at various points.

•Standardization: All containers follow the same size and shape standards, making it easier for companies to plan and optimize their logistics.