Panama Experiences More Dry Conditions, Shipping Challenges Continue

In October, the Panama Canal experienced the lowest amount of rainfall in seven years. The dry conditions continue to present challenges for nearly every industry, including agriculture, due to limited shipping capacity. Current projections estimate the canal will only be able to move 18 ships through daily by February. This is about half of the canal’s average capacity.

Those attempting to ship commodities through railways and over the road also have issues. Rates are expected to go up for rail transportation, while emission rules are putting on the brakes for trucking options. Read more about the impact of shipping delays.