To anchor discussion, prior to the rise of intermodal shipping containers in the '60s & '70s, cargo was shipped as breakbulk cargo. Losses from theft and damage were considerably reduced by switching from breakbulk cargo to shipping containers. Not the same as losing stuff over the side, but still a regular and somewhat predictable expense. One anecdote I remember from Levinson's book is about a scottish whisky disti…
Any more links (books or otherwise) you could share?