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Essay / Research Paper Abstract
This is a 4 page paper that provides an overview of shipping via the Panama Canal. Recent trends are explored. Bibliography lists 3 sources.
Page Count:
4 pages (~225 words per page)
File: KW60_KFbiz053.doc
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Unformatted sample text from the term paper:
directly to the east coast of the United States by way of the Canal and bypassing west coast shipping ports altogether. This is in direct contrast to the typical method
of doing things just prior to the expansion of the canal, in which west coast ports were the most frequently trafficked, and organizations typically disseminated product to the east coast
via rail. This is certainly a more cost-effective method of shipping, but there are certain problems that must be considered when one is looking at this as an overall trend.
The most pressing issue, of course, is that it will take ships from Asia roughly an extra week to ship to east coast ports rather than west coast. For this
reason, shippers will need to find innovative strategies for offsetting the costs of extended shipping times in order to take advantage of the newly available routes, and bypass the need
to utilize rail services to ship freight from coast to coast. This paragraph helps the student begin to define the problem at hand. The opportunities enjoyed by shippers hoping
to ship directly to the east coast are quite vast. For instance, a long history of shipping to the west coast has established conditions wherein west coast have come to
take shipping volume somewhat for granted, and as such are no longer competitive when it comes to docking rates or other associated fees. East coast ports gaining access to some
of these shippers business means a more naturally regulated market, with a greater degree of fairness and even competition overall. Additionally, the access to major local markets from east coast
ports may be, on the whole, much more convenient than shipping to the west coast would be. It is plain then, that in order to continue to derive a
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