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Articles tagged under: Panama Canal

Concerns Grow Over China’s Influence on Panama Canal Operations

Published January 30, 2025

Concerns over the Panama Canal have risen, particularly China’s influence on its operations. Soy Transportation Coalition Executive Director Mike Steenhoek said the discussions revolve around the Carter-Torrijos Treaty. "One of the major elements of the treaty is that the Panama…
Top StoriesLatest NewsMarketsPolicy

Negotiations Sought for Panama Canal

Published January 9, 2025

South Dakota Congressman Dusty Johnson introduced legislation to authorize the incoming president and his administration to negotiate with the Panama government to assume control of the Panama Canal. This is a concept floated by President-Elect Trump. The U.S. built the…
Top StoriesLatest NewsAg BusinessPolicy

Trump Wants U.S. to Retake Ownership of the Panama Canal

Published December 23, 2024

During the AmericaFest event in Phoenix Sunday, President-elect Donald Trump floated the idea of taking over control of the Panama Canal. Trump said Panama is changing unfair fees for passage through this waterway. "They haven't treated us fairly," said Trump. "If…
Latest NewsMarketsAg BusinessPolicy

Traffic Increases on the Panama Canal

Published June 25, 2024

Rain over the past couple of weeks has increased water levels on the Panama Canal. Traffic has been slowly increasing in recent weeks, but there are still restrictions on draught or how deep the cargo ship can be in the…
Latest NewsMarketsAg Business

Panama Canal Adjusts Daily Limit

Published January 18, 2024

Due to low water levels, the Panama Canal Authority has limited daily ship crossings to 24 per day. That’s an improvement from the 20 slots previously announced for January due to recent rains providing some relief to the low water…
Latest NewsMarketsAg Business

Bypassing the Panama Canal

Published January 15, 2024

One of the largest container shipping companies in the world plans to bypass the Panama Canal by using the railroad. The Panama Canal is dealing with reduced water levels due to a drought which has impacted the volume it can…
Latest NewsMarkets

#3-Unprecedented Transportation Woes

Published December 29, 2023

RRFN’s third ranked story for the past year is the unprecedented transportation woes facing agricultural shipments. At the end of the year, the Suez Canal and cargo shipments on the Red Sea were facing attacks from militant rebels. Mother Nature…
Top StoriesLatest NewsAg Business

Panama Canal to Increases Max Number of Ships Allowed Per Day

Published December 29, 2023

Effective January 16, the Panama Canal Authority will increase the number of daily vessel transits to 24. That’s up from the current limit of 22 pass-throughs. The PCA credits better-than-expected rains in November and the success of water-saving measures. The…
Latest NewsMarketsAg Business

Low Water Impacts Supply Chain Around the Globe

Published December 24, 2023

The Soy Transportation Coalition board of directors met in Central America and got a firsthand look at the drought's impact on shipping. A total of 600 million bushels of soybeans traveled through the Panama Canal last year bound for Asian…
Latest NewsAg Business

Unprecedented

Published December 20, 2023

Freight rates are moving higher, increasing the cost of commodities. Tim Marsh, Summit Commodities, describes this as an unprecedented situation. "The Suez Canal in some distress so there are some questions to whether or not we're gonna be able to ship…
Top StoriesLatest NewsMarketsAg Business
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