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Innovation

Global Investor Focus, 02/2007 Credit Suisse

Global Investor Focus, 02/2007
Credit Suisse

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Why now?<br />

Logistics In the past, trade routes lay along difficult and dangerous<br />

tracks. This meant that goods manufactured at a distance were<br />

rare and precious. Nowadays a gigantic transport network spans<br />

the globe. Every day, tonnes of goods are conveyed in modular<br />

containers by air, truck, rail and on container ships. Technical<br />

progress makes it possible to increase the speed and efficiency of<br />

the flow of goods. In particular, automation allows better synchronization<br />

of processes at docks and depots. This not only saves<br />

time, but also expensive storage. On the other hand, climate taxes<br />

and increasingly scarce fossil fuel resources may well increase<br />

transport costs again. Renewable energy sources are therefore<br />

vital to the logistics sector.<br />

1200<br />

1250<br />

1300<br />

1350<br />

1400<br />

1450<br />

1490<br />

Photo: image100/Corbis<br />

The printing press<br />

Between 1450 and 1455,<br />

Johannes Gutenberg of<br />

Mainz, Germany, developed<br />

the printing press, with<br />

moveable type made<br />

of metal. Type for printing<br />

using woodblocks had<br />

already existed in China<br />

since 600 AD.<br />

Spectacles

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