# Panama Canal wins back traffic lost to Suez Canal -

> The expanded Panama Canal has regained most of the all-water Asia to US East Coast traffic it lost to Suez, with its share of headhaul capacity rising to 74 percent according to Alphaliner. The Panama Canal Authority plans tariff cuts of 6 to 12 percent for neo-Panamax backhaul voyages to Asia from October 1. Suez has extended its toll rebates to year-end.

- Date: 2017-07-30 · published 2017-07-30T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/69846-panama-canal-wins-back-traffic-lost-to-suez-canal
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Shifting container capacity between canals changes route costs for Asia-US trade, and tariff cuts could affect freight rates on backhaul legs. The impact on grain and feed prices is limited.

## Read by commodity

- OCEANFRT: neutral

## Sources

- panamaadvisoryinternationalgroup.com: https://panamaadvisoryinternationalgroup.com/blog/panama-canal-wins-back-traffic-lost-suez-canal/

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