Mexico Emerges as an Alternative Trade Route from Asia to the U.S. Amid Panama Canal Water Shortages

Mexico is positioning itself as a new alternative for trade from Asia to the United States, as the Panama Canal faces water scarcity. A rail corridor connecting the Pacific Ocean with the Gulf of Mexico has already come under discussion. Rail operators claim that using this shorter southern route in Mexico allows goods to reach the U.S. much faster than via the Panama Canal or Canadian routes, according to Nikkei Asia.