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Friday, June 13, 2008

Oil, shipping and outsourcing

High oil prices increases cost of long-distance container shipping, squeezing American manufacturers' profits. More of them are shifting manufacturing base back to North America or delay their plans to move manufacturing base out of the country. (Source: WSJ)
 
[Transport]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(courtesy of wsj)