Bigger Panama Canal may have less impact on U.S. ports

摘要

After many delays, the larger locks of the Panama Canal opened in late June, allowing larger ships carrying intermodal shipping containers from Asia to access East Coast and Southeast ports. The new locks can handle container ships that carry nearly three times more than the Panamax vessels previously using the canal. There has been much speculation that this would shift cargo traffic away from the busy West Coast ports, but many analysts are predicting a milder impact than previously thought.