In August 2016, we wrote a blog post entitled "The future of global trade" and it discussed how the outlook for global trade was bright. We discussed that the $5 billion investment spent on expanding and modernizing the Panama Canal was completed on June 26, 2016 after 9 years of construction. The … [Read more...] about The Future of Global Trade – Update
Panama Canal expansion
The Future of Global Trade
The future of global trade is bright. Another sign of the continuing growth of global trade appeared recently at a dock at the port of Bayonne, New Jersey. On June 26, 2016, the long-awaited expansion of the Panama Canal was completed. The expansion was necessary in order to accommodate so-called … [Read more...] about The Future of Global Trade