How does the cost to ship a ton of general cargo across the Pacific today compare with 1960?

The assertion that the cost to ship a ton of general cargo across the Pacific today is about twice what it was in 1960 highlights the significant changes in shipping costs over time due to various factors. In the 1960s, shipping relied more heavily on breakbulk cargo rather than containerization, leading to higher handling and loading costs per ton. The advancements in shipping technology and the shift to containerized shipping have indeed decreased costs significantly, but inflation and increased operational expenses in the modern era, such as fuel, labor, and compliance with environmental regulations, have contributed to a rise in overall shipping costs.

While it may seem counterintuitive given the efficiencies gained through containerization, the long-term trends indicate that even with advancements and economies of scale, certain factors, including economic fluctuations, have kept the relative cost of shipping at a higher level today when adjusted for inflation and operational realities. Hence, stating that the cost is about twice what it was in 1960 aligns with historical perspectives on shipping economics.