Completed in June 2016, the decade-long, $5.4 billion Panama Canal expansion has set in motion a global shift in trade that is impacting the U.S. Gulf Coast region. The canal expansion enables the passage of Post-Panamax ships, which are massive vessels capable of transporting 13,000 shipping containers at once. That’s nearly triple the volume carried by traditional cargo ships. The canal now handles twice as much cargo, radically shifting how goods enter the United States.
You can read the rest of Asphalt Pro’s article here.