The Future of the Panama Canal

We have made it to our final post!  As you've joined us on our journey, we have explored a range of topics regarding the expansion of the Panama Canal.  To wrap things up, we want to give you a look into the future of the Panama Canal within the logistics industry.  Alongside logistics, the Canal will also have a future in the lives of consumers like us. 

Prior to our knowledge, the Panama Canal is actually used for more than just transporting goods from point A to point B.  Following the expansion, cruise ships began sailing along the Panama Canal.  For the 2017-2018 cruise season, the amount of cruise ships using the Panamax and Neopanamax Locks is expected to reach 235; meaning more great trip options for you and your loved ones!

With this increasing number of cruise ships taking sail, and the growth of eCommerce as discussed in our past post, we find it highly likely that the Canal will experience another expansion within the next few decades.  We believe that, even though traditional retail will never go out of style, eCommerce will continue to increase.  Also, with the rapid growth of technology and data in our world today, we wouldn't be surprised to see new technologies implemented to advance the current Canal and the ships that use it. 

No matter what changes and advancements are implemented, be they small or large, they are bound to take place due to the sheer fact that our world is progressing at a faster rate than ever before.  As a group, we are excited to see how the Panama Canal continues to progress and effect the logistics industry over the next decade.  We hope that you have learned just as much as we have about the Canal and global trade as we have, and we thank you for following our posts!