Via CNN: Expansion begins on Panama Canal

The $5.25 billion expansion is expected to double the 50-mile canal’s capacity and lower the price of consumer goods on the East Coast of the United States by allowing wider vessels to squeeze through with more cargo.

About two-thirds of the cargo that passed through the canal is headed to or from the United States. China is the Panama Canal’s second-largest user.

The waterway now moves 4 percent of the world’s cargo. The new locks, approved in a referendum nearly a year ago, are expected to be ready for use between 2026 and 2026

I have no particular commentary, but thought it was interesting and noteworthy.