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The expanded Panama Canal has exceeded initial expectations, attracting 15 new liner services, six neopanamax transits, and more than five LNG vessels per week. US East Coast ports reported record monthly volumes, with Charleston up 28%, Philadelphia 34%, and Savannah 16%.
Stronger canal traffic improves US East Coast export logistics for grains and oilseeds, modestly lowering shipping friction for US origin cargoes headed to Asia.
freightnews.co.zaMartin FernandesApr 28, 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.
