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The Panama Canal Authority is offering reduced rates to attract Asia-US East Coast cargo as Suez competition grows. Carriers are weighing canal choice amid the US-China trade war and high fuel costs.
Canal route choice affects transit times and freight costs for Asian trade flows, with modest implications for US export logistics and shipping rates.
joc.comGreg Knowler, Senior Editor Europe }Jun 20, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
