
Saved by sari
Interview: Ryan Petersen, founder and CEO of Flexport
Saved by sari
Whether containerships and containerports have reached their maximum efficient size, or even larger and costlier ships and ports could give rise to yet more economies of scale, making it still cheaper and easier to move goods around the globe, is a question of considerable consequence for the world economy.8
Behind this frenzied expansion of long-neglected ports was the emergence of an entirely new line of thought about economic growth. Manufacturing was almost universally regarded as the bedrock of a healthy local economy in the 1960s, and much of the value of a port, aside from jobs on the docks, was that transportation-conscious manufacturers would
... See moreGlobal supply chains force retailers to gamble on inventory far in advance and to spend too much time and money overseeing the entire process.