InfrastructureHighConfirmedAccelerating
9.1
Panama Canal cuts daily transits to 32 by mid-September amid El Niño drought
El DeberLO·PA·2 days ago
The Panama Canal is reducing daily ship transits due to drought linked to El Niño, constraining a key global trade chokepoint. The extent and duration of the restrictions remain uncertain as dry conditions persist. This will likely disrupt shipping schedules and raise freight costs for goods moving between the Atlantic and Pacific.