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Inbound Logistics reports that the expanded Panama Canal's third locks are operating at roughly half their expected capacity, with only about six transits per day versus the anticipated twelve. A shortage of tugs and trained crews is limiting throughput for Neopanamax ships.
Constrained canal throughput keeps transit times and container freight costs elevated on US East Coast routes, which can add to delivered costs for feed and grain exports to Asia.
inboundlogistics.comMay 8, 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.
