Canal and Waterway

Now nearing the end of the dry season, the Panama Canal is adapting to the climate conditions.  Based on the present and projected water level of Gatun Lake, and due to the Operational Water Strategy (OWS) that the Panama Canal has implemented, additional slots announced earlier this month are now available as of March 25, bringing the total transits offered up to 27 per day.

With the supply chain adjusting to ongoing Houthi rebel attacks on commercial vessels in the Red Sea, inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases through the first half of 2024

The St. Louis Regional Freightway calls a 300-acre Port District zoned property along the Mississippi River in Herculaneum, Missouri, a unique and unprecedented opportunity for intermodal development, citing the location’s more than two miles of river frontage, 200-acre buffer, 30,000 linear feet of Class I rail and access to Interstate 55.

The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar record highs in recent months, as the backlog of vessels to cross has lessened as tankers avoid the canal altogether.