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Proposed Panama Canal toll changes would give container ships more incentive and raise prices for other vessel types, with a comment period through July 15 and a final decision afterward. Changes are proposed to take effect January 1, 2020.
Shifts in canal routing between US East and West Coast ports affect intermodal rail versus trucking demand and ocean freight costs for agricultural exports, with limited direct grain price impact.
freightwaves.comGreg MillerJun 17, 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.
