The article states one thing and then contradicts itself. If I didn't know better I'd say someone is pumping up shipping stocks.
Maybe, but I believe the ships and canal traffic are trackable at:
https://www.marinevesseltraffic.com/PANAMA-CANAL/ship-traffic-tracker
I don't know what's usual, but it does show a significant number of ships anchored at each end.
I'm not debating the fact that the canal has a backlog, just that the fear of "price hikes" seems to be a side note to this story.
I'm far from expert on this so I took the article and the notes about paying for priority as likely legitimate. The additional operating costs for delays plus the costs for priority passage made sense for higher retail costs when they're passed through to the consumer.
I'll be very happy if that's wrong, but I can see how it could be likely.
(post is archived)