The shipping industry is back - and it has big implications for the global economy

Reuters

Shipping is extremely important to almost everything delivered to businesses and people all around the globe.  The shipping industry made a big mistake in 2011, but looks to be corrected that mistake.

You may not realise it, but nearly everything from toys to power tools that you buy at Wal-Mart, Takashimaya (in Singapore), or Hudson’s Bay (in Canada) is shipped months before from ports in Shanghai and Hong Kong.

Your iPhone and MacBook were shipped by sea from factories in the southern Chinese city Guangzhou, and Taiwan.See the rest of the story at Business Insider

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