# Queues of vessels waiting to cross the Panama Canal as post pandemic global trade picks up — MercoPress

> About 101 vessels were waiting to transit the Panama Canal, six more than the year's average. Canal traffic rose 18% in April, and Suez Canal transits rose 6.3% year-on-year in April.

- Date: 2022-05-21 · published 2022-05-21T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/41302-queues-of-vessels-waiting-to-cross-the-panama-canal-as-post-pandemic-global
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Persistent canal queues and congestion raise shipping times and costs for grain and feed ingredients moving between the Americas and Asia. This supports higher freight rates.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- en.mercopress.com: https://en.mercopress.com/2022/05/21/queues-of-vessels-waiting-to-cross-the-panama-canal-as-post-pandemic-global-trade-picks-up

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.