Panama Canal
Experiencing its driest October since 1950 impacting water levels at Lake Gatun—a vital source for the canal and half of Panama. Neo-Panamax draft restriction remains at 44 feet, daily vessel transits reduced to 31, and carriers impose 9-14 ton weight limits. Despite changes, container transit delays are minimal (0.1 days), making Panama Canal the fastest route from Asia to the U.S. East Coast and Gulf Coast. For shipments over 9 tons per 20’ or 16-17 tons for 40’, consider Suez service or, for time-sensitive needs, use the U.S. or Canadian West Coast and rail. CargoTrans monitors the situation and offers transload and intermodal services via the West Coast warehouse.
Carriers will attempt to implement a Dec 1 GRI, however it will be unlikely that it will stick. A GRI from Dec 15 is more likely as we approach Lunar New Year.
2/9-2/15 Lunar New Year / Spring Festival
PLEASE REACH OUT TO OUR TEAM TO PRE-BOOK SPACE AS CARRIERS REMOVE CAPACITY
