Tuesday, August 05, 2008

Shipping costs start to crimp globalization

The New York Times reports that increased shipping costs are starting to crimp those aspects of globalization that unduly depend on cheap fuel.

For example, the article stated that meat was shipped from the US to Asia to be packaged, and then shipped to the US. I could have told you a long time ago that that didn't make sense.

This will be a positive for some manufacturing industries in the US.

No comments: