For months, the problems at the Panama Canal have been reported on, and for months, it’s been a backburner story for many national news outlets. If the backup of vessels doesn’t resemble the ocean parking lots we saw at ports around the world during COVID, any potential in the slowdown in trade is a nothingburger.
Why? Because the consumer is not in a buying frenzy anymore and inflation is taking its toll on the purse strings.
But for shippers, the Panama Canal is a problem, because even with...