Ocean carriers that move freight internationally have different ways of calculating costs. It is crucial to note that cargo has base rates that depend on the shipment type.
The Panama Canal Facing Restrictions
he Panama Canal is a crucial global trade route and a significant passageway for supply chains requiring international shipping. It is an ideal shortcut in maritime container transportation and generates over $2 billion yearly for Panama’s economy. With some of the most prominent carrier companies transporting through the canal, restrictions may significantly impact supply chains.