Panama Canal says shipping rebound is underway after record drought

Most important, the containers Pan-Atlantic planned to use would be designed to be shifted easily among ships, trucks, and trains.

most studies concur that demand-driven freshwater scarcity will have a much greater impact than the shortages induced by climate change. As a result, our best option for dealing with future water supply is to manage demand, and one of the best large-scale examples of this working is the recent history of the US’s reducing per capita water usage.[63

Economic prosperity depends on trade, because no place can produce on its own the range of goods and services needed for wellbeing. Yet the feasibility of trade depends on low transport costs. To move bulk freight, transport by water has long been by far the lowest cost method. Even in ancient times, grains were shipped across the Mediterranean to

As with newsprint, so with cotton and oranges, chemicals and lumber. American coastal shipping withered during the 1950s in the face of a competitive onslaught by trains and especially trucks. The number of cargo ships engaged in coastwise trade, aside from tankers, fell from 66 in 1950 to 35 in 1960, and the total tonnage of active coastal ships d

The launch of so many vessels resulted in a quantum jump in capacity. The basic economics of containerization dictated as much. Once a ship line had made the decision to introduce containerships on a particular route, other carriers in the trade normally followed swiftly lest they be left behind. The capital-intensive nature of container shipping p

What this rotting empire needed was faster transportation. And that required seizing land. Captain Mahan had suggested opening a canal through the Central American isthmus, which divided the Atlantic and Pacific Oceans, and Roosevelt agreed. He tried to buy territory from Colombia, without luck. He tried threatening and got no further. Finally, con