| Sumario: | "There is a lot of discussion these days about traditional industries becoming less prominent, or even disappearing. The advent of new technology, above all the Internet, seems to be the key driver behind this. Traditional shipping companies are an example of this trend. In their place, we are seeing the emergence of logistics companies, of which sea transportation is only one part. Land transportation, warehousing, even packaging and the distribution of goods to the end consumer, are key features of these new-style companies. This has been made feasible through the development of closer and faster links between the players in a value chain. The traditional roles in such value chains are also changing. For example, many European manufacturers have now outsourced these to low-cost countries in Asia"--
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