A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for […]
Flashback Friday looks at the history of the Panama Canal, which is not only an engineering marvel, but a boon to global commerce. Learn how hard it was to build one of the key waterways in the world.
The final part of the FreightWaves series on the Panama Canal focuses on dry bulk transits. The two trends: US agribulk cargo to Asia is down, Colombian coal to the west coast of South America and Asia is up.
A top executive of the Panama Canal Authority outlines the prospects for LNG, LPG and crude/product tanker transits through the larger locks of the waterway.
Chinese buses reduce oil demand by 270,000 barrels a day; Lyft has disclosed business risks ahead of IPO; Ford to expand electric-vehicle production at Michigan plant.
Congress is handing out $93 million in federal grants for improvements at the nation’s top 15 container ports.
$2 billion in capex over the next ten years will nearly double Savannah’s container traffic to 8 million TEUs annually.
We look at some of the details that make the Panama Canal such a useful tool in the shipping and freight world.
SONAR’s new index shows the cost difference for Asian exporters moving goods into East Coast or West Coast ports. When combined with trucking spot prices, the Panama spread helps explain recent shifts in trade flows.
Eastbound containers and westbound LNG drove record Panama Canal volumes in May. Last month was the third time the canal has broken tonnage records since the expansion was completed in 2016.
