America's home furnishing imports just hit a wall. And now El Niño might slam the door shut on Pacific shipments via a parched Panama Canal.
Panama Canal water levels plunging under El Niño's watch. Just when shipping thought chokepoints were calming, drought risks spike — echoing 2023's nightmare.
Your next container from Asia might dock in Jacksonville instead of the usual spots, thanks to CMA CGM's latest route tweak. Blame El Niño's shadow over the Panama Canal—it's set to squeeze supplies and jack up prices for everyday goods.
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.