re: #29 KGxvi

Panama just spent billions building a 3d set of canal locks at Miraflores and Gatun to accommodate the new-Panamax standard. These new ships have been operating thru the canal since last June and can carry nearly 3 times the cargo containers as the prior standard.

Seaports on the East Coast have upgraded facilities to handle the new ships. NYC has dredged the harbor, raised the Bayonne Bridge, and bought new cranes to handle the larger ships. Similar stories in Baltimore, Charleston, and Miami.

Trump thinks we’re stuck with the 100 year old canal.