🎧 Containers Episode 5: The America-First Ships

Containers Episode 5: The America-First Ships by Alexis C. Madrigal from Containers
American companies pioneered container shipping, but now the ocean freight business is dominated by foreign firms. Thanks to the Jones Act, a 1920 law, all cargo between American ports must be carried on American-made ships, so we do still have a fleet. But the ships are old and outdated. In episode five, we explore the tragic consequences of this "America-first" trade policy, beginning with the El Faro, which sank in October 2015.

For those who want to learn about poorly done America First policies, this seems to be a great example. Studying what the Jones Act has done to the US shipping business is an excellent case study. There is obviously a gaping hole in the market forces at work here and the Jones Act only seems to be making things worse.

I find it an odd thing to say about a podcast concerning containerized shipping, but this episode is just heart-breaking on so many levels.

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Author: Chris Aldrich

I'm a biomedical and electrical engineer with interests in information theory, complexity, evolution, genetics, signal processing, theoretical mathematics, and big history. I'm also a talent manager-producer-publisher in the entertainment industry with expertise in representation, distribution, finance, production, content delivery, and new media.

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