Shipping routes are crumbling. El Niño might dry up the Panama Canal, handing US resins a surprise win.
Another massive containership idles off Panama's coast. El Niño forecasts spell low water levels by year-end, piling fresh pain on shippers already dodging Red Sea attacks and Strait of Hormuz jitters.
Ships stack up like frustrated commuters. FedEx Freight's spin-off clock ticks louder amid whispers of route diversification—just as El Niño eyes the Panama Canal.
Forget smooth sailing. El Niño's drought threat at the Panama Canal means jammed ships, skyrocketing freight rates, and you paying more for basics. Lars Jensen's warning? Spot on.
Your next smartphone or TV might cost more this holiday season. El Niño's brewing storm at the Panama Canal threatens to snarl US electronics imports, piling on shipping woes.