December 2011 - The Panama Canal...A Sigh of Relief for Importers!
The Panama Canal expansion will have a substantial impact on the U.S. supply chain. It is much more than just larger ships and increased East Coast cargo traffic.....with the combination of larger ships and fewer trips, it allows for lower cost to the importers and manufacturers worldwide.
As the West Coast congestion increases, moving cargo to their staging destinations through Long Beach and other West Coast ports can be difficult and building a new distribution center within 100 miles from Long Beach can be almost impossible! The new Panama Canal will shift the path for channeling cargo on both coasts.
East Coast ports have begun, or have already completed, their waterway expansions to accomodate larger ships. Inland ports will benefit from a traffic shift as well; particulaly, Columbus, OH, Chicago, Ill and Atlanta, Georgia.
According to the Cushman and Wakefield Real Estate firm, the mode of shipments is changing as shippers want to use the most efficient means of transportation; thus maximizing rail and sea transport over trucking and air. The firm sees a shift from mega distribution centers to a hub of smaller distribution centers.
Hyperlogistics, in Columbus, Ohio is stragitically located within a logistical hub and is walking distance of a major rail terminal on the Heartland Corridor and a cargo shipping airport.
What started out as just an expansion of the Panama Canal, is now a smart and strategical option for international importers and manufacturers....not to mention a possible world economy booster!
Hyperadvanced.