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| | | Transportation and Telecommunication |
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|  Historical PerspectiveThe wheel, the sail, the steam engine, and the electric motor are among the technological breakthroughs in transportation that allowed man and his materials to be moved from place to place and from one continent to another. Until the invention of the telegraph, even distant communications were dependent on transportation. From earliest times, trade, conquests, armed conflicts and search for new lands and resources had been the impetus in the development of maritime transport and the establishment of transportation routes.
See More... | | | | Today The history of shipping is a glorious and proud one. There is no doubt, for example, that the magnificent square riggers of the era of sail or the early 20th century’s prestigious ocean liners could stir the hearts of all those that beheld them. But the ships of today are just as worthy of our admiration, for shipping today is in another truly golden age. Ships have never been so technically advanced, never been as sophisticated, never been more immense, never carried so much cargo, never been safer and never been so environmentally-friendly as they are today.
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| Container Market to Shrink More Than 10%
by Weinberg, C.McLaughlin, K., Bloomberg News bloomberg.com 23 June 2009 |  |
| | A.P. Moeller-Maersk A/S, owner of the world’s largest container shipper, said cargo volumes may drop more than 10 percent this year and show no growth in 2010 as the industry suffers a “completely unprecedented” decline. The container industry, which transports manufactured goods by sea, is in its first year of contraction as consumers in Western economies rein in spending. The market has expanded by more than 10 percent most years since containerization went global in the 1970s. | |
Read more at http://www.bloomberg.com ... mlMQGlBFw.
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