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.
Showing posts with label Logistics. Show all posts
Showing posts with label Logistics. Show all posts
Monday, September 8, 2008
Thursday, July 24, 2008
United Parcel Service (UPS) Shipments
July 23, 2008
UPS handles an average of 15 million shipments a day world-wide whose value represents about 6% of the U.S. gross domestic product.
UPS handles an average of 15 million shipments a day world-wide whose value represents about 6% of the U.S. gross domestic product.
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