High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
An interesting New York Times video on the story of Malcolm McLean, the former truck driver who invented the shipping container and revolutionized an industry and changed the global economy forever.
To learn more about the rise of containerized shipping, definitely check out Marc Levinson’s The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger.
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