As the Panama Canal's $5.25-billion expansion nears completion, how are shippers and ports preparing?
Inbound Logistics dredges up data on the leading U.S. container hubs.
Tim Thoma, international logistics and compliance manager at Northern Tool and Equipment, is responsible for moving product purchased from overseas.
United States and Canada are investing $7 billion in the Great Lakes-St. Lawrence system; Changing political relations between the United States and Cuba could signal new trade opportunities; UK faces a truck driver shortage among younger people; Panama approves new port development
North Korea,South Korea,and Russia team up to test new trade partnership,GS1 global registry sets new standard with 15 million products,Middle East airports face growing congestion problem,Puerto Rico makes Panama Canal transshipment play with Port of the Americas project,Britain introduces supply chain slavery bill.
Leverage Panama’s developments into your distribution hub for a more streamlined, efficient, and profitable bottom line.
Global dry-bulk commodity trade reveals rate growth, steadying inflation in China; Preparations for 2022 World Cup trigger DC explosion in Qatar; Supplier risk analysis will become more complex as companies expand into new global markets; Pakistani protests force U.S. military drawdown to consider $1 billion airfreight alternative; Asia truck bans taking toll on logistics industry; Africa’s piracy problem shifting to continent’s west coast; Trans-Pacific Partnership pact stalls, 2014 ratification expected; China’s Nicaraguan Canal stirs intrigue; Tesco acquires stake in “Asia’s Amazon”
The Panama Canal expansion, opening in 2015, may alter shippers' sourcing and routing decisions.
The Panama Canal expansion, to be completed in 2015, will impact global commerce and affect trade patterns to the U.S. East Coast. Ports such as PortMiami are preparing themselves to accept the new class of mega cargo ships, says Bill Johnson of PortMiami.
As Panama Canal expansion nears completion, global shippers gain a viable alternative for shipping ocean cargo from Asia to U.S. East Coast and Gulf Coast ports.
Looking out to 2015, anticipation is swirling about the Panama Canal's expansion and impact on U.S. trade. Among southeastern ports and shippers, that wave of anticipation has already made landfall.
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