# Panama Canal preps for reduced container growth scenario | Journal of Commerce

> Panama Canal Administrator Ricaurte Vásquez said May container transits will show the extent of COVID-19's impact on containerized trade. The canal is preparing for a future with more regional than global trade, and expects stronger growth in bulk than container shipments.

- Date: 2020-05-07 · published 2020-05-07T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/53020-panama-canal-preps-for-reduced-container-growth-scenario-journal-of-commerce
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A shift toward regional supply chains and stronger bulk traffic could change grain and feed shipping patterns through the canal, though the near-term effect on feed prices is limited.

## Read by commodity

- OCEANFRT: neutral

## Sources

- joc.com: https://www.joc.com/article/panama-canal-preps-for-reduced-container-growth-scenario-5206853

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