Shipment delays, higher rates expected in 2024 as water levels in Panama Canal fall to 73-year low
Shipment delays, higher rates expected in 2024 as water levels in Panama Canal fall to 73-year low

Shipment delays, higher rates expected in 2024 as water levels in Panama Canal fall to 73-year low

Ships can't pass through Panama Canal because it's closing due to climate changes. Meanwhile, ships are avoiding the Suez Canal, burning a whole lot more fuel and hastening the climate changes. Pretty neat relationship between those two canals.