Economics Quote by Marc Levinson

Before containers, transport costs ate up 25 percent of the value of whatever was being shipped.

— Rose George

“In 1961, before the container was in international use, ocean freight costs alone accounted for 12 percent of the value of U.S. exports and…

— Marc Levinson

Although more than 500 million maritime containers move around the world each year, accounting for 90 per cent of international trade, only 2 per…

— Ban Ki-moon

“containerization has had a greater impact on global trade than all GATT talks combined.”

— John Bemelmans Marciano

Sea freight is by far the cheapest, most economical way to move goods.

— Soren Skou

“By far the biggest expense in this process was shifting the cargo from land transport to ship at the port of departure and moving…

— Marc Levinson

Everything in a modern container port is enormous, overwhelming, crushing.

— Rose George

“Since the total amount of imported goods flowing onto our shores is over a Trillion dollars, we can understand why the world will be…

— John Price

Seven million ship cargo containers come into the United States every year. Five to seven percent only are inspected - five to seven percent.

— Irwin Redlener

The shipping industry plays a fundamental role in boosting global trade and prosperity. Maritime leaders have rightly recognised the need to invest in more…

— Barry Gardiner

“Our stores were selling only nine items, and they were buying only thirty-five or forty items with which to make the nine. So although…

— Ray Kroc

“Encouraging the frenetic and indiscriminate consumption of essentially disposable products can no longer be the system’s goal. Goods must once again be made to…

— Naomi Klein