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A severe drought is affecting the Panama Canal. That’s not a good sign for supply chains — or your holiday shopping

1 min read
A severe drought is affecting the Panama Canal. That’s not a good sign for supply chains — or your holiday shopping

Photo caption: A cargo ship sails toward the Pacific Ocean after passing though the Panama Canal, seen from Panama City, Friday, Aug. 25, 2023. Due to a lack of rainfall, authorities in early August limited the number of ships passing through. Photo credit: AP Photo / Agustin Herrera. Article by Alicia Wallace. CNN: Business – August 26, 2023.

Minneapolis (CNN) — Panama is about halfway through its rainy season right now, and one of the wettest countries in the world is having one of its driest seasons on record. At the Panama Canal, where freshwater serves as the lifeblood for its lock-driven operations, the lack of abundant rainfall is leading to lower water levels and putting a squeeze on a critical international shipping artery […]

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