Latest / International Business with Fexingo: Global Trade, Cross-Border Deals, and Multinational Operations
How the Panama Drought Is Reshaping Global Trade Routes
In this episode of International Business with Fexingo, Lucas and Luna explore how the ongoing drought in Panama is forcing shippers to rethink global trade routes. With the Panama Canal implementing draft restrictions that reduce ship capacity by 40%, container lines are diverting to the Suez Canal, the Cape of Good Hope, and even rail routes across Central America. Lucas breaks down the economics: a typical Asia-to-US East Coast container now costs $1,200 more via alternative routes, and transit times have stretched by 10 days. The hosts discuss how this affects everything from coffee…
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