Monday, May 11, 2009

The Box

— Matt Harris @ 7:44 pm

I just finished reading Mark Levinson’s The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger, courtesy of the Los Angeles Public Library. Normally, I wouldn’t read a history of shipping containers. Actually, I didn’t think someone would write a history of the shipping container ;-), but Mark Levinson did. I heard it recommended on a talk show (I can’t recall which one) and I thought I’d check it out.

It was a pretty interesting read. What I found really surprising is the level of transportation regulation that used to exist in the United States. The book wasn’t about that regulation, but it just kept popping up – from goverment subsidies on shipbuilding to the Interstate Commerce Commission (ICC).

I found it fascinating that after 1935, the ICC controlled practically all aspects of trucking. It determined what could be transported, the routes that could be used, the prices that would be charged and who could and could not compete. Much of the third chapter of the book was about how one major entrepeneur spent his time getting around ICC regulations. When reading that chapter, I kept having flashbacks to Atlas Shrugged

It is definitely worth reading. A sample chapter can be found here.

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