# Canal competition for US East Coast cargo heats up | Journal of Commerce

> 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.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/58487-canal-competition-for-us-east-coast-cargo-heats-up-journal-of-commerce
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Canal route choice affects transit times and freight costs for Asian trade flows, with modest implications for US export logistics and shipping rates.

## Read by commodity

- OCEANFRT: neutral

## Sources

- joc.com: https://www.joc.com/article/canal-competition-for-us-east-coast-cargo-heats-up-5226044

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