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This trade route is crucial for the transport of products that we use (and eat) every day. tonkid / Shutterstock.com
A traffic jam near the Panama Canal is slowing the transport of key products across the globe, and that could result in higher prices for some products later in the year. Drought conditions that have lingered for several months have forced the Panama Canal Authority to restrict the number of vessels allowed to travel through the canal. As a result, the waiting time to cross through is now about…
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