How a Steel Box Created Globalization And Broke Your Town

Transcript

It costs $5 to ship a fridge 7,000 miles from China to LA. If you ordered that fridge from a local warehouse, you'd pay at least 10 times that for delivery. That is how optimized the shipping industry is. And it's all because of this big metal box. For over 5,000 years, humans have used water to move goods. And for most of that time, we use the sam... Read More