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Perhaps the most telling recent development related to shipping is a direct response to the skyrocketing price of fuel: the bringing of manufacturing work back to North America from China.
Elsevier began funneling work to China six years ago, Irvine says, and even opened an office in Hong Kong to avoid the added expense of using a third-party broker. In response to longshoremen strikes in California and the rising cost of fuel, however, Elsevier began moving a lot of work back to Canada last year.
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James Sturdivant
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