New Panama Canal will benefit US East Coast

The expansion of the Panama Canal will bring great benefits for the US ports on the East Coast, where up to 10 percent of container traffic from the US to Asia will shift from West to East, according to a new analysis.

BY KATRINE GRØNVALD RAUN

US ports on the East Coast can look forward to increased volumes in container traffic when the expansion of the Panama Canal is finished in 2016, according to a new analysis compiled by consultant agency Boston Consulting Group (BGC) and CH Robinson, writes Seatrade Global.

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