Panama Canal expansion pits east coast vs. west coast

The expansion of the Panama Canal that doubled its capacity has started shifting freight to US east coast ports, which have invested billions in dredging, construction, and equipment purchases to take advantage of the increased flow.

The canal expansion’s manifold impacts on U.S. trucking are already starting to be felt: large shifts in freight from the west coast to the east coast will lessen demand for west coast intermodal, rail, and longhaul capacity.

Source: Freight Waves