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.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article