# UPS expands ocean freight service in 130 new trade lanes

> UPS expanded its ocean freight service into 130 new trade lanes. The Panama Canal also announced it will increase Neopanamax lock transits to 10 per day. The article is short and the details are behind a login.

- Date: 2018-06-07 · published 2018-06-07T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/64435-ups-expands-ocean-freight-service-in-130-new-trade-lanes
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

More ocean freight capacity and Neopanamax transits can ease container shipping constraints. There is no clear direct impact on feed commodity prices.

## Sources

- ajot.com: https://www.ajot.com/news/ups-expands-ocean-freight-service-in-130-new-trade-lanes

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