I think the volume is what defines the cost for cargo shipping so your 10x is likely pessimistic. $2.50 is both significant relative to the price of one these jeans and not much compared to what has been the expected cost of a pair for decades.
It says more about how dirt cheap shipping is the single enabler of globalization, even doubling the cost may not be enough to significantly shorten the supply chains.
It says more about how dirt cheap shipping is the single enabler of globalization, even doubling the cost may not be enough to significantly shorten the supply chains.