Carriers racing to use the new Panama Canal

Numerous major liner carriers are currently racing to be in the best possible position for the new and expanded Panama Canal. Higher rates on transports to the US East Coast draw carriers, according to Drewry.

BY DANIEL LOGAN BERG-MUNCH

When the new and expanded Panama Canal opens for business in April 2016, a long line of container carriers aim to be ready with new services from the Far East to the US East Coast.

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New Panama Canal will benefit US East Coast
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Panama Canal gets go-ahead for new price structure
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The New Suez Canal expected ready by August

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