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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


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,...