2/5/2026
Ask a hundred people what they believe to be the modern world’s most impactful inventions, and you’ll get a hundred different answers. The lightbulb. The smartphone. Antibiotics. Coffee.
Allow me to propose a completely different answer: The shipping container.
None of those previous answers get very far without the humble shipping container. It’s what you’re wearing. It’s what you’re sitting on. It’s the coffee in your mug and the phone in your pocket. It all spent time in a shipping container.
70 years ago this month, the invention that would come to reshape both the world’s economy and our region’s landscape was put into motion on the shores of Port Newark. It was all thanks to a trucker who was getting impatient.

Malcom McLean, right, and other dignitaries marked the world’s first container ship service on the shores of Port Newark in April 1956. Courtesy of the Containerization and Intermodal Institute.
For centuries, loading a ship meant workers using their hands: hauling individual crates, boxes, bales and barrels from ship to shore and back again. It took days, cost a fortune, and as you might expect, sometimes stuff went missing.
North Carolina truck driver Malcom McLean spent years watching this lumbering dance from his truck cab. He knew things could move faster. His idea seems like common sense now: Instead of hauling everything off of the ship and then putting it into a truck, just place the truck’s trailer onto the ship.
McLean retrofitted a World War II-era oil tanker to carry 58 steel containers, and on April 26, 1956, the SS Ideal-X left Port Newark bound for Houston. The idea quickly caught on, and shipping costs started dropping dramatically. Moving containers with cranes meant much less manpower was needed, and the quick turnaround times at the dock meant ships had more time to make more trips.

The old way of doing things: hauling crates, boxes, bales and barrels from ship to shore and back again. Courtesy of the Containerization and Intermodal Institute
A television, a pair of sneakers, a piece of furniture, a car part, things that once cost a small fortune to move across an ocean, could suddenly travel thousands of miles for a fraction of the price. Today’s dominant companies, including Walmart and Amazon, owe their entire business strategies to the conveniences the shipping container unlocked.
After the Ideal-X’s maiden voyage, McLean made another, even more fateful move: He decided to give his container patents away for free. That enabled the entire world to operate on standardized equipment and measurements. His unassuming creation on the shores of New Jersey soon rippled across the world.

Malcom McLean watches over his new container operation. Courtesy of the Containerization and Intermodal Institute.
But the container didn’t come without other consequences. The same economics that made it cheaper to manufacture goods overseas contributed to a hollowing-out of American factory towns and industries, and the thousands of longshoremen who once worked the docks saw their numbers shrink dramatically within a generation. The ships and trucks that keep it all moving also carry a significant environmental cost. It’s a challenge we are actively working to address through ongoing investments in cleaner equipment and more sustainable operations, and we’ve committed to reaching net-zero carbon emissions across our facilities, including the seaport, by 2050.
As transformative as the shipping container was for the global economy, it also had a profound impact on the development of this region. For the first half of the 20th century, the coastlines of Manhattan, Brooklyn, Hoboken and Jersey City were filled with miles of piers jutting out from the shoreline, alongside workers who built livings and neighborhoods based on the old hauling-and-carrying methods. New York was put on the map thanks to its water access.

An aerial view of the Ideal-X and its 58 containers. Courtesy of the Containerization and Intermodal Institute
Container operations require a lot of space as boxes get stacked and sorted, space that wasn’t readily available in the densely packed city. As the container caught on, activity at those urban docks slowed down. Shipping’s center of gravity in the region gradually shifted to where more land was available – namely Port Newark, Elizabeth, and Staten Island.
At the Port Authority, it didn’t take long for us to go all-in on containerized shipping. Six years after McLean’s maiden voyage, and just down the shore from where it took place, we opened the Elizabeth Port Authority Marine Terminal in 1962, the world’s first purpose-built container terminal.

Six years after the Ideal-X’s voyage, the Port Authority opened the world’s first purpose-built container terminal, the Elizabeth-Port Authority Marine Terminal. Today, the equivalent of about 145 Ideal-X loads can arrive on a single ship.
58 containers left our port on McLean’s maiden voyage in 1956. Fast forward 70 years, and 4.9 million containers (8.9 million twenty-foot equivalent units, or TEUs, if you want to use the industry’s standard measurement) moved through the port in 2025, enough to make us the East Coast’s busiest port and among the top three busiest in the nation. A normal day might bring 8-10 ships into the port, each carrying the equivalent of around 145 Ideal-X loads.
Meanwhile, the land that containers rendered largely obsolete has since been turned into some of the region’s most cherished public spaces, including Brooklyn Bridge Park, Hudson River Park, and waterfront esplanades spanning Hoboken and Jersey City, along with thousands of new homes and apartments offering scenic views. At the same time, North Jersey took on the highways, warehouses, and logistics infrastructure needed to support the massive container operation growing along Newark Bay.
The next time you order something online and it shows up two days later, there’s a very long chain of events that made that possible. Follow it back far enough and you end up at Berth 24 in Port Newark. For all that has changed in the 70 years since, we’re still making use of McLean’s simple but revolutionary thought: just put the box on the ship.
October 9, 2024
The global containership orderbook has reached a record high, with 44% of the new vessels expected to replace ageing fleets, especially those 20 years or older. Maersk has been slower than its competitors in renewing its fleet but plans a renewal program for the next five years. This surge in orders, particularly in China, has also reduced available capacity for other ship types, such as tankers and bulk carriers. The global container fleet now exceeds 30 million TEU for the first time.
October 7, 2024
The International Longshoremen’s Association (ILA) has reinforced its opposition to port automation following a temporary resolution to recent strikes on the US East and Gulf coasts. While a tentative wage agreement has been reached, the union is pushing to ensure protections against the use of automated machinery in future negotiations. This anti-automation stance could hinder efforts to improve US port competitiveness, which lags behind global counterparts in efficiency rankings.
October 2, 2024
Hapag-Lloyd has contracted two Chinese shipyards to build container ships worth up to $5.25 billion. The deal includes large orders for LNG dual-fuel vessels, reinforcing Hapag-Lloyd’s position as one of the top five container lines globally.
This move is part of the company’s broader strategy to expand its fleet aggressively as it prepares to shift alliances and focus on future growth.
→ Traditional Real Estate Investments:
Real estate rental investments offer long-term stability and security because they are physical assets. They typically generate around 4% rental income.
→ Why Containers Are a Good Choice:
Containers provide the same stability and security as real estate because they too are physical assets and are rented out to worlds biggest companies: APPLE, NIKE, TOYOTA- effectively the container owner’s tenants. There are no maintenance costs, are highly liquid, can be sold on a phone call, and deliver 5x more rental income.
September 16, 2024
The Russian oil price cap, introduced by the EU, G7, and Australia in 2022, is under scrutiny as oil prices, especially for Russian Urals, near the $60 per barrel cap.
If prices exceed this limit, Western shipowners may return to transporting Russian oil, which could benefit the mainstream tanker market and marginalize older, poorly maintained vessels in the “dark fleet.”
This shift is expected to reduce environmental risks from these less regulated ships.
September 16, 2024
MSC, the world’s largest container shipping company, is set to increase its share of slot-sharing agreements significantly in 2025.
Despite expanding its fleet and focusing on standalone services after ending its 2M partnership with Maersk, MSC has signed new agreements, including a three-year deal with Israeli carrier ZIM. By February 2025, MSC’s slot-sharing agreements will rise from 10% to 26%, while standalone services will increase to 61%.
This strategic shift highlights MSC’s continued collaboration on key trade lanes.
September 13, 2024
The Port of Long Beach reported record-breaking container volumes for August, handling 910,639 TEUs (twenty-foot equivalent units), marking the port’s busiest month ever.
This surge in activity reflects strong consumer demand and increased goods movement ahead of the peak holiday shipping season. The port credits improvements in cargo handling processes and collaboration with supply chain partners for its success.
These record volumes position the port to play a crucial role in meeting the growing logistical demands in the shipping industry.
September 6, 2024
Lidl’s Tailwind Shipping Lines has introduced a new rail service, the Panther Shuttle, connecting the Slovenian port of Koper to Austria’s Graz freight terminal.
This service offers five weekly connections, with plans to expand based on demand. Tailwind Intermodal will handle trucking logistics at the Graz terminal, facilitating container transport between the Mediterranean and Eastern Europe. This move enhances Lidl’s logistics capabilities, positioning them as an intermodal service provider.
September 6, 2024
China State Shipbuilding Corporation (CSSC) unveiled a groundbreaking design for a 27,500 TEU LNG dual-fuel containership at the SMM exhibition in Hamburg.
This design, larger by 3,000 TEU than the current biggest ships, marks a new milestone in container shipping. While the trend in recent orders focuses on more flexible, smaller ships, this new design targets the Asia-Europe routes, offering greater capacity. The SMM event, focusing on maritime energy transitions and digital transformation, attracted over 2,000 international exhibitors.
