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Question on Panama Canal impact
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<p>The last article is from 2012. The Panama Canal Extension opened in 2016. So it seems a bit early for an update or the first experiences.</p> <p>To show the influence of the canal tolls and the economy of scale (large vessels of 20,000+ TEU) again some rates.</p> <p>Shanghai - Long Beach: $1,400<br />Shanghai - New York:....$2,200 eastbound through Panama Canal<br />Shanghai - Rotterdam:..$1,600 about the same distance as Shanghai - New York</p> <p>According to the AAR the average shipping cost by rail were 4 ct per ton-mile. Intermodal are higher, perhaps somebody can provide them.<br />Regards, Volker</p> <p> </p>
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