Published online by Cambridge University Press: 13 December 2011
The introduction of container shipping in the late 1950s and early 1960s has received little attention from historians, but it represents a major technological advance with significant economic consequences. By dramatically lowering the cost of freight handling, the container reduced the need for factories to be near suppliers and markets and opened the way for manufacturing to move out of urban centers, first domestically and then abroad. This impact was particularly intense in New York City, where the container revolution began. Containerization had a devastating impact on New York City's economy, and was a major contributor to the collapse of its industrial base between 1967 and 1975.
1 The literature exploring the economic impact of other transportation technologies in the United States alone is large, including such works as Albion, Robert, The Rise of New York Port, 1815–1860 (New York, 1939)Google Scholar; Fogel, Robert W., Railroads and American Economic Growth (Baltimore, 1964)Google Scholar; Fishlow, Albert, American Railroads and the Transformation of the Antebellum Economy (Cambridge, Mass., 1965)Google Scholar; Larson, John L., Internal Improvement (Chapel Hill, N.C., 2001)Google Scholar; and Glaeser, Edward L. and Kohlhase, Janet E., ”Cities, Regions, and the Decline of Transport Costs,” Working Paper No. 9886, National Bureau of Economic Research, July 2003.CrossRefGoogle Scholar The American Association of Port Authorities estimates that the world's fifty largest containerports handled the equivalent of 207 million twenty-foot containers in 2003; each container is double-counted, so the association's figure equates to 51.8 million one-way trips by forty-foot containers. Data available at www.aapa-ports.org.
2 Almost none of the many political or economic works dealing with New York's decline during the 1960s and 1970s even mentions the port, the main exception being Drennan, Matthew P., “The Decline and Rise of the New York Economy,” in Dual City: Restructuring New York, eds. Mollenkopf, John and Castells, Manuel (New York, 1990).Google Scholar
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