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 ...
The informative Cathy Roberson has published a blog on the changing cargo flows of US ports. Not only did the west coast congestion boost the east coast, but there appears to be an eastern-led trend, owing to the markets served. This is likely to increase with the expansion of the Panama Canal – Boston Consulting and CH Robinson expect a 10% swing in volumes to east coast ports once it opens next year, although they say the west coast will keep East Asian export traffic.
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