Expanded Panama Canal among challenges for Washington ports
Guest Commentary
Last updated 10/19/2017 at 10:08am
The $5.4 billion spent to expand the Panama Canal is paying off for East Coast and Gulf of Mexico seaports; however, it is putting more pressure on the Northwest to remain competitive.
The enlarged waterway opened in June 2016 allowing much larger container ships and tankers to transit between the Atlantic and Pacific oceans.
Ships carrying up to 14,800 containers can now bypass Washington ports. Shippers have a cost-effective alternative to reach midwestern markets from southern and eastern states.
Our traditional advantage of shorter Pacific crossing times to Asia is being challenged by...
For access to this article please
sign in or
subscribe.
Reader Comments(0)