# How is the Panama Canal Expansion Working Out? - Universal Cargo

> 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.

- Date: 2017-07-18 · published 2017-07-18T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/69847-how-is-the-panama-canal-expansion-working-out-universal-cargo
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: neutral

## Sources

- universalcargo.com: https://www.universalcargo.com/how-is-the-panama-canal-expansion-working-out/

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