[FoRK] The World Is Not Flat
J. Andrew Rogers
andrew at ceruleansystems.com
Tue Jan 19 12:32:29 PST 2010
On Jan 19, 2010, at 12:11 PM, Stephen Williams wrote:
> Actual distance is a red herring now because of hyper-efficient shipping. Intermediaries in many cases are only there when they are more efficient than the alternatives. Commercial distance is a metric of time and money which is only loosely connected to actual distance.
There are "quant" logistics companies that do not own any shipping assets. They make vast quantities of money by finding and exploiting inefficiencies in the global supply chains operated by "real" logistics companies and reshuffling the assets to (hopefully) create a profit. Bloody speculators...
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