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The new Panama Canal... The original Panama Canal opened in 1913 giving a trade route that allows ships to pass through the canal locks in Central America and not have to steam around South America. More than 100 years later, changes to the canal will allow ships more than 2-1/2 times the size to pass through the waterway. It's expected shipping costs from Asia to the Eastern coast of America to be reduced, but that will adversely affect America in several ways: Fewer ships delivering freight to ports on the West Coast, less rail freight and trucking that brought goods from those ports across America. Plus and minus is consideration must be made that it will take longer for cargo to reach ports in the Gulf of Mexico than to to travel by truck or rail to their destination. It may take years for this evolution of international commerce, but it's certainly going to happen. |
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I think Nicaragua is trying to build one between them & Costa Rica using Lake Nicaragua . Don't know how far it is done?
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