The Baltimore bridge disaster is just the latest knock to global shipping and trade

Tech Insider : Economy
The Dali crashed into the Francis Scott Key Bridge in Baltimore on Tuesday.
The Dali crashed into the Francis Scott Key Bridge in Baltimore on March 26, 2024.

Jim Watson/AFP/Getty Images

These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation

Tech Insider : Economy
An aerial view of a Maersk shipping container cargo ship in San Francisco Bay on May 30, 2023 in San Francisco, California.
An aerial view of a Maersk shipping container cargo ship in San Francisco Bay on May 30, 2023 in San Francisco, California.

Brandon Sloter/Getty Images

The Panama Canal is so clogged up that a shipping company paid $4 million to jump the line: report

Tech Insider
Three cargo ships wait at the entrance of the Panama Canal at Panama Bay off Panama City, on September 24, 2023.
Cargo ships wait at the entrance of the Panama Canal at Panama Bay off Panama City, on September 24, 2023.

Luis Acosta/Getty Images

2 gas tankers traveled across the Pacific but U-turned just short of the Panama Canal because low water levels have created a traffic jam

Tech Insider : Economy
Panama Canal
The Panama Canal.

Getty/Joe Readie

Panama Canal slashes the number of ships allowed through — drought means there isn't enough water in the channel

Tech Insider
Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023.
A container ship making its way through the Panama Canal in April 2023, before the drought lowered the water level..

Reuters/ARIS MARTINEZ

The congestion at the Panama Canal is so bad that one shipper paid $2.4 million to jump a line and get through the waterway: report

Tech Insider
Ships are seen on Panama Canal in Panama City, Panama, on August 21, 2023.
Ships on the Panama Canal in Panama City, Panama, on August 21, 2023.

Daniel Gonzalez/Anadolu Agency/Getty Images

A huge traffic jam at the Panama Canal could take at least 10 months to clear up — and it'll likely screw up your holiday shopping

Tech Insider
Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023.
Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023.

Reuters/ARIS MARTINEZ

The world's worst traffic jam isn't on any road — it's at one of the most important shipping routes where ships are paying upto 3x fare just to get across

Tech Insider : Economy
A ship navigates the Panama Canal in the area of the Americas' Bridge in Panama City on June 12, 2023.
The Panama Canal is an important shipping route.

Luis Acosta/AFP

More than 200 ships are in a traffic jam outside the Panama Canal, showing we can't get through a year without big boats getting stuck

Tech Insider
A cargo ship sails near the Pedro Miguel Locks on Panama Canal in Panama City, Thursday, Aug. 3, 2023. The Panama Canal Authority said it is limiting traffic to 32 daily ship transits through the canal after months of drought and expect less income in 2024 due to the ongoing water crisis.
A cargo ship sails near the Pedro Miguel Locks on Panama Canal in Panama City, Thursday, Aug. 3, 2023.

AP Photo/Arnulfo Franco

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