Resilinc
AUGUST 30, 2023
What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. How long will the Panama Canal drought last? Which countries are impacted by the Panama Canal drought?
Freightos
OCTOBER 31, 2023
And though, so far, low-water restrictions in the Panama Canal haven’t seemed to impact container flows significantly, the Panama Canal Authority just announced that it will reduce daily transits from 34 – their level since July – to 24 in November, 20 in January and down to just 18 by February.
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DAT Solutions
JUNE 26, 2016
The Panama Canal opened a new lane for larger ships this week, and East Coast ports have been expanding efforts to attract Asian imports that would otherwise arrive on the West Coast. Expansion at the Panama Canal, pictured above, has led to a business boom in South Carolina. Photo by Stan Shebs.
CH Robinson Transportfolio
DECEMBER 1, 2015
What will happen when the Panama Canal expansion is completed in 2016? The Panama Canal is over a century old. And the canal was too small for the Post-Panamax vessels, which carry two to three times as much cargo as the ships that currently squeeze through the Panama Canal. Robinson to be prepared for the shifts ahead.
Freightos
APRIL 9, 2024
Though low-water measures in Panama did not prove terribly disruptive to container traffic, the easing of Panama Canal transit restrictions as the region enters the long-awaited rainy season is nonetheless welcomed news in the industry, and has lead Maersk to restore one of its services that had stopped using the canal.
Freightos
NOVEMBER 7, 2023
The Panama Canal Authority will reduce daily transits to about half their normal level over the next three months as the drought there stretches on, raising the possibility of reduced capacity and higher rates to the East Coast or diversions to the West Coast. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Freightos
MARCH 19, 2024
Easing Panama Canal restrictions announced last week – which will increase daily transits to 27 – are also a good sign for transpacific shippers to the East Coast. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
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