The expanded Panama Canal officially opened June 26th with much fanfare. Vessels holding 5,000 to 14,000 containers are now able to pass through its channel thus allowing for greater opportunities for more US ports. In the latest Twitter survey, we asked if diversion of container traffic is expected from the US West coast to the Gulf and East coast ports.

1. HOW MUCH MORE CARGO WILL
THE PANAMA CANAL BRINGTO
THE US EAST COAST?

2. JOINTHE CONVERSATION
ONTWITTER
@XENETA_AS

3. ABOUT
XENETA
At Xeneta we believe there is an untapped potential
for everyone in the industry, to systematically learn
from our individual and collective efforts. We hold
true that "if you cannot measure it, you cannot
improve it". That’s why we think actionable metrics
is the key to continuously evolve for every business,
and ultimately the entire industry. Rethinking global
logistics is the vision of Xeneta.
With international experience from the logistics
industry, we have first-hand knowledge of the
challenges related to high volatility and lack of
transparency in the ocean freight market. By
combining logistics background and information
technology expertise, we found the solution to these
challenges.
WE ARE
TRANSFORMING
GLOBAL
LOGISTICS

4. ARE YOU PAYING THE
RIGHT CONTAINER
FREIGHT RATES?
DISCOVER SAVINGS
POTENTIAL IN REAL
TIME.
CONTACT US.

5. JUNE 26,
2016

6. THE EXPANDED PANAMA CANAL OFFICIALLY OPENED WITH
MUCH FANFARE.
VESSELS HOLDING 5,000 TO 14,000 CONTAINERS ARE NOW
ABLE TO PASS THROUGH ITS CHANNEL THUS ALLOWING
FOR GREATER OPPORTUNITIES FOR MORE US PORTS.

7. DIVERSION OF
CONTAINER TRAFFIC
IS EXPECTED FROM
THE US WEST
COAST TO THE GULF
AND EAST COAST
PORTS.
INTHE LATEST
TWITTER
SURVEY,WE
ASKED IF

8. THE RESULTS WERE MIXED AS MANY PEOPLE REMAIN
UNCERTAIN OF WHAT TO EXPECT HOWEVER, THE MAJORITY
OF RESPONDENTS, 36% OF THE TOTAL RESPONSES,
BELIEVED 1% TO 7% OF CONTAINER VOLUME COULD
TRANSFER AWAY FROM THE WEST COAST PORTS.
THIS WAS FOLLOWED WITH 28% OF RESPONDENTS
INDICATING THAT MORE THAN 15% OF CONTAINER VOLUME
COULD BE DIVERTED TO GULF AND EAST COAST PORTS
WHILE 27% NOTED AN 8% TO 14% DIVERSION AND 9% OF
RESPONSES INDICATING THERE WILL BE NO DIVERSION.

9. HOW MUCH MORE
CARGO WILLTHE
PANAMA CANAL BRING
TOTHE US EAST COAST?

11. CLEARLY NO ONE IS SURE
WHATTO EXPECT BUT ONE
THING IS CERTAIN,THE
MAJORITY OF US GULF
AND EAST COAST PORTS
ARE NOT PREPARED FOR
THE MEGA-SHIPSTHAT CAN
NOWTRANSITTHROUGH
THE CANAL.

12. IT IS LIKELY FOR THE TIME BEING AT LEAST, SMALLER VESSELS WILL
BE RESPONSIBLE FOR THESE ANTICIPATED DIVERSIONS WHILE THE
GULF AND EAST COAST PORTS SCRAMBLE TO FINISH
INFRASTRUCTURE PROJECTS TO WELCOME THE MEGA-SHIPS.
THE SAVANNAH PORT HAS INVESTED AT LEAST $706 MILLION TO
DREDGE ITS WATERWAYS USED BY CARGO SHIPS WHILE THE PORT
AUTHORITY OF NEW YORK AND NEW JERSEY IS INVESTING $1.3
BILLION TO RAISE A BRIDGE FOR THE NEW, LARGER SHIPS.
THE US WEST COAST PORTS DO NOT APPEAR TO BE OVERLY
CONCERNED BY THIS POTENTIAL DIVERSION. IN FACT, THE TWO
LARGEST PORTS, LOS ANGELES AND LONG BEACH ARE ALREADY
PREPARING FOR THE NEXT GENERATION OF VESSELS THAT CAN
HOLD UP TO 21,000 CONTAINERS, WHICH THE PANAMA CANAL
CANNOT HANDLE.

13. STAY
TUNED
WHO WILL BE AMONGTHE WINNERS? STAY
TUNED FOR A NEW BLOG POST NEXT WEEK
GIVING AN OVERVIEW ON JUSTTHAT

14. WANTTO KNOW HOW SHIPPING
PRICES DEVELOPED IN Q2 2016?
JOIN US JULY 14, (15:00CET/9AM
EST) FOR OUR LIVE WEBINAR "Q2
2016 OCEAN FREIGHT SHIPPING
PRICES AT A GLANCE."
REGISTER
NOW

15. LEARN HOW XENETA CAN HELP
YOU GET INSIGHT AND
INTELLIGENCE INTOYOUR
GLOBAL OCEAN FREIGHT PRICES
AND CHANGEYOUR LOGISTICS
BUSINESS:
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