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Panama Canal expansion to hit Arizona

Monday, April 14, 2014

The $5.25 billion expansion of the Panama Canal could mean a potentially huge disruption to Arizona’s trade flow that would favor East Coast ports.

The expansion of the 100-year-old waterway would have implications for shipping routes, port development and cargo distribution.

The expansion would mean big vessels from Asian countries, including Japan and China, could sail through the canal to reach U.S. cities on the East Coast and along the Gulf of Mexico.

Source: AP