Technology

More innovation in transportation: steam and canals

Following up on how the shipping container reduced loading costs by 97%, which reminded me of this datum on how steam power dramatically lowered transportation costs: “In pre-steam days it had cost $5 to carry 100 pounds up to Louisville [from New Orleans]. It had dropped to $2 by 1830, and soon fell to 25 […]

More innovation in transportation: steam and canals Read More »