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Expanded Panama Canal to shift global trade flows

Wednesday, January 13, 2016

Even though the official opening of Panama Canal’s third set of locks is only about four months away, the true impact of the $5.25 billion project on U.S. ports is yet to be determined because of the many factors that affect international trade flows, the vice president of marketing at Manzanillo International Terminals said.

Cargo demand, the new canal toll structure, what the Suez Canal Authority does, how U.S. railroads respond and waterfront labor issues will all play a role in determining cargo routing.

Source: Journal of Commerce