How a Steel Box Created Globalization And Broke Your Town
It costs $5 to ship a fridge 7000 miles from China to LA. If you ordered that fridge from a local warehouse, you’d pay at least 10x that for delivery. That’s how optimized the shipping industry is. And it’s ALL because of this big metal box. For over 5000 years humans have used water to move goods, and for most of that time, we used the same shipping strategy. The invention of the shipping container led to mass globalization, put shipping routes at the center of world power, and is now shaping the world’s future economic centers.
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Show Notes
It costs $5 to ship a fridge 7000 miles from China to LA. If you ordered that fridge from a local warehouse, you’d pay at least 10x that for delivery.
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