Logistics: Canal in dire straits
The Panama Canal Authority has temporarily halted auctions for special-access slots, causing longer wait times for shipping lines. As a result, there is evidence of a shift in shipping patterns, with more goods being sent to US west coast ports. The increase in demand has led to higher container shipping rates from China to the US west coast. In response, freight forwarder C.H. Robinson is opening a new facility in Texas to handle traffic from Mexico.
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