Panama Canal and Expansion

by

Business Finance

Topic: Panama Canal and Expansion  Deadline: April 20, 2018 at 11:59 p.m.  Length: 5-10 pages (single space)  Font size: 11-12 pt; Calibri or Times New Roman  Submission: Send finished paper via email  Sources: Must list them at the end of your paper and have at least five sources  Notes: This must be a comprehensive, well thought out paper that explains in detail the Panama Canal and Expansion. Past, present, and future information is required. DO NOT COPY/PASTE THE INFORMATION YOU FIND INTO THE PAPER. This assignment should be in your words, not opinions, but in your words. If you were to give a professional presentation to a group of people who didn’t know anything about this subject, how would you present it? That’s how this paper needs to be written. Details: Your paper must include who, what, when, where, why, and how.  Who created the Panama Canal and Expansion?  What is the Panama Canal and Expansion?  When was the Panama Canal and Expansion built/created?  Where is the Panama Canal and Expansion?  Why is there a Panama Canal and Expansion? What is its purpose?  How is there a Panama Canal and Expansion? Other information needed:  Explain the global impact the Panama Canal and Expansion has.  How does the Panama Canal and Expansion benefit Transportation as a whole, shippers, customers, consumers, etc?  What does the Panama Canal and Expansion mean to other modes of transportation (Truck, air, railroad, pipelines) besides water carriers? Explain how the intermodal concept works with this expansion.  What is the importance of the Panama Canal and Expansion (How does it affect Global Transportation and the industry itself)?  In terms of tonnage, (A) What does this mean? (B) Why is it important? (C) What benefit is the expansion for tonnage numbers?  Explain the sizes of the water carriers  Explain the routing the water carriers had to take before the Panama Canal, after the Panama Canal, and now after the Panama Canal Expansion.  What is dredging? Explain what this means and how it works with the Expansion. Future plans of dredging?  How much is the Expansion Project? Who is paying for it?  Explain the daily workings of the Panama Canal/Expansion? How many water carriers per day pass through the canal? How many water carriers was it scheduled to have per day?  What about the ports? What are the largest ports? How many water carriers can these ports handle per day? How many water carriers should these ports be handling? If what they are handling and what they should be handling differs, explain why.  How does this expansion shift freight to previous and new destinations? Does this affect how the transportation industry is impacted? (Meaning for example if freight is shifted from the US West Coast to the US East Coast, how does that affect the industry?  What does the expansion mean for warehousing in the US? If companies can ship more product and to different areas, where is the product being stored?  Any other information you feel is important to include in the paper. A good place to begin your research:  http://micanaldepanama.com/expansion/