90% of the world’s commodities are carried by sea, 60% packaged in steel containers. In 1956, inventor Malcolm McLean designed what we now recognise as the shipping container; he understood that standardised container sizes could automate ship and railway loading and unloading. His actions reduced transport costs from $5.86 per ton to just 16 cents. Nowadays, innovators are focusing on the ships: container ships, on average, have doubled in size over the last 20 years, now able to carry 24,000 containers, or 900 million cans of baked beans. Read full article here
Research
Improving media literacy could boost trust towards the news, IMPRESS report suggests
The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here
Merv
February 1, 2023
