Industry Trends - Panama Canal Expansion

Posted: 10/16/2014

By: Terry Shadrix

The US and North America are experiencing changes in the ports! Across the continent, ports are expanding to accommodate booming trade. Even the Panama Canal, that quintessential representation of globalization, is changing, allowing bigger ships and larger cargos. US Ports like those in Long Beach, CA will need to expand to accommodate the higher quantities and larger ships.

What does this mean for you? More ships and larger cargoes means faster imports! Your components will get to your production lines with a faster turn-around time for your customers. Because items get to you faster, you also won't need to invest as heavily in inventory or warehousing. This will help improve your bottom line!

Read more about the Panama Canal's expansions.