The shipping industry appears to be in trouble, environmentally and financially

The Context Of Things

I’ve seen Season 2 of The Wire — “dead girls in a can!” — which is about the extent of my knowledge on international shipping topics, but I do find it broadly interesting. You could argue (and many have) that shipping is the foundation of our civilization. A lot of consumer products couldn’t reach consumers effectively if they were only transported on planes and rail, especially in this “increasingly global world” we discuss very frequently. As always, it’s all about the numbers:

“In 2012, it cost around 2.5 cents to ship a T-shirt from Asia,” says Rose George, author of “90 Percent of Everything: Inside the Invisible Industry that Puts Clothes on Your Back, Gas in Your Car, and Food on Your Plate.” She observes that “if you compare that to shipping before containerization, the transfer costs of getting anything to port, let alone on a ship, were 25%…

View original post 850 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s