Containers
Episode 5: The America-First Ships
This episode isn’t summarized yet
Create a free account and summarize it. In a few minutes you’ll have the key takeaways and a section-by-section summary.
Show notes
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 But the ships are old and outdated.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.
Learn more about your ad choices. Visit podcastchoices.com/adchoices