Panama Canal expansion exposes US infrastructure, carriers' woes
Potential gains for East Coast ports stymied by delayed port fixes, a freighter glut and a wobbly global economy
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Chicago
THE US$5.2 billion expansion of the Panama Canal was expected to make US East Coast ports more competitive for cargo ships carrying televisions, tennis shoes and other products from Asia.
But those hopes are fading. As the wider, deeper canal nears its debut next month, ports that stand to gain aren't ready to handle the bigger ships that will come through.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
