# The expanded Panama Canal is altering global trade flows - FreightWaves

> Record volumes moved through the expanded Panama Canal in May, at 38.1M tons, driven by eastbound US East Coast container traffic and westbound LNG exports to Asia. Canal administrator Jorge Quijano expects container volumes to grow about 5% annually. Savannah also posted a May record for TEUs handled.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/64432-the-expanded-panama-canal-is-altering-global-trade-flows-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger canal throughput and East Coast port capacity shift container and LNG flows and can affect freight costs on US-Asia routes. For feed buyers the direct grain price effect is limited.

## Sources

- freightwaves.com: https://www.freightwaves.com/news/expanded-panama-canal-altering-trade-flows

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