Panama Canal Rivals Suez in Asiaamerica Trade Shift
The expanded Panama Canal is surpassing the Suez Canal as the preferred route for Asia-America trade. This shift is driven by shipping alliances' route choices, the Panama Canal's inherent advantages, and proactive responses from US East Coast ports. However, smaller ports face challenges, and the shipping industry's centralization intensifies. Competition between the Panama and Suez Canals will persist, requiring shipping companies to be adaptable and embrace change.









