“As the container shipping industry continues to boom, companies are adopting new technologies to move cargo faster and shifting to crewless ships. But it’s not all been smooth sailing and the future will see fewer players stay above water.”

Source: www.youtube.com

This WSJ video, similar to an animated TED-ED video, explains some of the geographic consequences of economic innovation. Containerization has remade the world we live in, and will continue to see it drive economic restructuring.  

 

Tags: transportation, labor, globalization, diffusion, industry, economic.

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