Panama Canal Impacts Logistics, Real Estate and the Global Supply Chain
The global economy is fascinating to me, particularly the supply chain, logistics and how goods are moved across the planet. I’ve followed this since writing two articles in 2009 and 2010 for Urban Land magazine. Now that the expanded Panama Canal is complete (in 2016), allowing significantly larger container ships through, what are the impacts on global trade and real estate? Research departments at the large real estate firms are already speculating, and reporting some shifts in activity. Most consumer goods imported from across the Pacific are unloaded at west coast ports, and containers are loaded on trains and/or trucks…