Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How Intermodal Containers Revolutionized Global Trade
In this episode, we trace the economic explosion triggered by one simple innovation: the standardized shipping container. Before Malcolm McLean’s idea took hold in the late nineteen fifties, loading cargo ships was a backbreaking, expensive process known as break-bulk. We explore how reducing port congestion and eliminating pilferage slashed transportation costs by over ninety percent, effectively shrinking the world and fueling modern globalization. From the dusty docks of Hoboken to the automated terminals of Singapore, discover why the corrugated steel box is the unsung hero of today’s…
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