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Freight News reports that Drewry finds the Panama Canal is the preferred route for Asia to East Coast North America vessels, with 12 weekly planned services versus four via Suez for the proposed alliances' 2017 networks.
Preference for Panama routing shapes container and bulk freight patterns on Asia-North America lanes, with minor implications for ocean freight costs on grain and feed trades.
freightnews.co.zaIngrid du BuissonNov 23, 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.
