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Universal Cargo reviews analysis by Xeneta CEO Patrik Berglund concluding that the Panama Canal expansion has benefited importers, exporters and consumers on both sides of the Pacific. Carriers now have more routing options between the Suez and Panama canals depending on cargo volumes.
Baltimore and Savannah are expanding intermodal links inland.
Greater routing flexibility gives carriers more capacity and can dampen container freight rates on Asia-US routes. The effect on feed commodity prices is minimal.
universalcargo.comJared VineyardJul 18, 2017Not 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.
