Will the New Panama Canal Save the Shipping Industry?
Elementum
AUGUST 22, 2016
The expansion of the Panama Canal, which handles about a third of Asia-to-US trade, is poised to boost trade and shipping services by shortening the one-way journey by sea from Asia to the U.S. While ship transits through the Panama Canal rose 3.7% While ship transits through the Panama Canal rose 3.7% East Coast.
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