Ports and Regional Development

Ports and Regional Development - Historyoftrade Eotechic( o...

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Ports and Regional Development  History of trade Eotechic (After 800 ad – late 18 th  century o Agriculture/textiles o 3 F’s:Food, fiber and fuel o geographically limited Paleotechnic (Late 18 th  – early 20 th  century o First stage of capitalist industry o Steam power replaced water power o Iron and steel replace wood as primary structural material o Coal replaces wood as fuel Neotechnic o Second stage of capitalist industry o Commercial aviation o Reduced cost of transport increases distances of travel Conainerization From 1 day in port for every day at sea to less than 1 day docked for every 10  days at sea Supply Chain Suppliers -> producers -> distributors -> customers Relationships o Steamship lines, ports, terminal operators, major retailers Steamship lines, major retailers as customers Terminal operations to serve customers Rail and long distance trucking o Interstate highway system important Increasing discontent from the general public
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o Road congestion, trucks in neighborhoods, etc. Frustrated state and local governemnts o Steamship lines are foreign owned o Ports are independent authorities Sourcing 26% of US company profits are made overseas, up from 16% in 1980
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Ports and Regional Development - Historyoftrade Eotechic( o...

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