# Boston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - Freight through Suez Canal sinks 45% amid Houthi attacks

> Freight transits through the Suez Canal fell 45% amid Houthi attacks. Shipping through the Panama Canal in the prior month was down 36% year on year because of drought-driven low water levels.

- Date: 2019-03-06 · published 2019-03-06T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/60002-boston-herald-boston-news-sports-politics-opinion-entertainment-weather-and
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Two major chokepoints are constrained at once, which lengthens voyages and lifts freight costs for grain and oilseed exports.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- markets.bostonherald.com: http://markets.bostonherald.com/bostonherald/news/read/43874890/freight_through_suez_canal_sinks_45_amid_houthi_attacks

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