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Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.
Many fewer vessels now traverse the canal daily. The water deficit is a global phenomenon that has been linked to climate change.
Carriers are figuring out how to reduce risk and deal with disruptions caused by the Houthis’ attacks and low water levels in shipping lanes.
Low water levels in the Panama Canal are forcing a customs broker in Pennsylvania to reroute cargo so it’s deliver on time.
Six percent of all global trade passes through the canal’s 50-mile stretch of water. New passage restrictions could particularly harm the U.S. economy — since it’s the nation that uses the trade route most.
Officials are searching for a way to increase the flow of water without disrupting the environment and Panamanian society.
East Coast ports can learn a lot from Los Angeles about handling giant ships.
With over a quarter of its citizens in poverty, Panama has one of the worst income distributions in Latin America.
If trade growth stalls, what does that mean for the American worker?
The shipping industry is seeing prices collapse as slowing global trade growth drags down demand.