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Vessel traffic through the Panama Canal has risen about 11.3% since the June 2016 expansion, with the average ship carrying 5,478 TEUs against a maximum of 14,000. Ports such as Charleston are deepening channels to handle the larger ships.
Growing use of the expanded canal favours lower-cost routing for US grain and oilseed exports to Asia, supporting freight competitiveness. Port investment shows the trend is expected to continue.
supplychaindive.comJennifer McKevittDec 20, 2016Not 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.
