Cost of shipping a standard 40-foot container of goods from China to the US:
2000 -- $3,000
2008 -- ~$8,000
Increase: 266% over eight years, caused largely by the increase in the price of oil from around $20/barrel to triple digits today. The result has been a dimming of appeal among manufacturers to outsource manufacturing to China and other Asian countries. The price of oil is making the world round, again.
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