Looks like rain: Panama Canal Authority eyes return to normal service
The Panama Canal could be back at nearly full capacity in time for this year’s ...
Sometimes it is interesting to look at the local effects of a global industry. For all the talk of what a game-changer the expanded Panama Canal is likely to be for containerised supply chains, for one small area near Los Angeles it could be the death knell. It is estimated that out of the 7m containers that the port of LA handles each year, some 2.5-3m head to midwest or even east coast destinations – and the vast majority of those pass through the nearby counties of San Bernadino and Riverside, which abound with warehousing and logistics facilities to service that cargo – which could find their economies devastated if a significant portion of that traffic switches to the all-water route to the east coast.
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
Global airfreight volumes blooming as flower shipments take off
Comment on this article