UBC News

Shippers Are Feeling The Panama Canal Cuts, But Some Are Working Around Them

Episode Summary

A gas carrier just paid $5.3 million to jump the Panama Canal queue, and surcharges up to $500 per TEU are already hitting Gulf-bound cargo. With El Niño threatening 2027 draft limits, which route should Houston shippers really trust? To learn more, visit https://www.excargo.com/panama-canal-shipping-alternatives/

Episode Notes

[thoughtful] Ships waiting in line, water levels dropping, and a South Korean gas carrier bidding five point three million dollars for an auctioned transit slot at the Panama Canal. That actually happened on September 1st this year. So, um, today we're asking, if you're moving cargo into the Gulf, do you go around through the canal, or do you send it across the country by rail instead? [short pause] Have you ever wondered what a rainstorm three thousand miles away could do to your shipping invoice? Excargo Services City: Pasadena Address: 4300 Malone Dr Ste 100, Website: https://www.excargo.com/