This Week in Logistics News (May 20 – 26)
Logistics Viewpoints
MAY 26, 2023
A severe drought affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the cost of shipping cargo through the canal expected this summer. Serota said that both sides are “spending a lot of time at the negotiating table, and I am optimistic we will hear good news soon”.
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