Sunday, December 20, 2009

Globalization Directions: just add a Box and Oil

At this time of year it may be wise to dwell briefly on how consumer products are transported.  Globalization runs on container shipping and oil.  Beginning in the 1950s, standardized 20 and 40 foot intermodal containers revolutionized shipping and enabled vastly cheaper, quicker, longer, more complex supply chains.  For an interesting history of containerization see 'The Box'.
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