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The Box

The Box

How the Shipping Container Made the World Smaller and the World Economy Bigger - Second Edition with a New Chapter by the Author

by Marc Levinson
Paperback
Publication Date: 14/06/2016

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In April 1956, a refitted oil tanker carried fifty-eight shipping containers from Newark to Houston. From that modest beginning, container shipping developed into a huge industry that made the boom in global trade possible. The Box tells the dramatic story of the container's creation, the decade of struggle before it was widely adopted, and the sweeping economic consequences of the sharp fall in transportation costs that containerization brought about.

But the container didn't just happen. Its adoption required huge sums of money, both from private investors and from ports that aspired to be on the leading edge of a new technology. It required years of high-stakes bargaining with two of the titans of organized labor, Harry Bridges and Teddy Gleason, as well as delicate negotiations on standards that made it possible for almost any container to travel on any truck or train or ship. Ultimately, it took McLean's success in supplying U.S. forces in Vietnam to persuade the world of the container's potential.

Drawing on previously neglected sources, economist Marc Levinson shows how the container transformed economic geography, devastating traditional ports such as New York and London and fueling the growth of previously obscure ones, such as Oakland. By making shipping so cheap that industry could locate factories far from its customers, the container paved the way for Asia to become the world's workshop and brought consumers a previously unimaginable variety of low-cost products from around the globe.

Published in hardcover on the fiftieth anniversary of the first container voyage, this is the first comprehensive history of the shipping container. Now with a new chapter, The Box tells the dramatic story of how the drive and imagination of an iconoclastic entrepreneur turned containerization from an impractical idea into a phenomenon that transformed economic geography, slashed transportation costs, and made the boom in global trade possible.

ISBN:
9780691170817
9780691170817
Category:
Engineering: general
Format:
Paperback
Publication Date:
14-06-2016
Language:
English
Publisher:
Princeton University Press
Country of origin:
United States
Edition:
2nd Edition
Dimensions (mm):
203x135x36.59mm
Weight:
0.48kg
Marc Levinson

Marc Levinson is a former finance and economics editor of The Economist. He was previously a senior writer at Newsweek and more recently spent 10 years as an economist with JPMorgan Chase.

He has published widely on economic subjects in such journals as Harvard Business Review and Foreign Affairs, and is currently senior fellow in international business at the Council on Foreign Relations in New York.

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