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Title:

IMPACT OF TECHNOLOGICAL CHANGE ON FOREIGN TRADE: COMPARATIVE ANALYSIS OF THE ST. LAWRENCE SEAWAY AND THE PANAMA CANAL

Accession Number:

00600796

Record Type:

Component

Availability:

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Order URL: http://worldcat.org/isbn/0309050197

Abstract:

Two modern canals that have been especially important to waterborne commerce of the United States are the Panama Canal and the St. Lawrence Seaway. The Panama Canal, opened in 1914, connects the Pacific and Atlantic Oceans via the narrow isthmus of Panama, saving thousands of miles of travel around South America. The St. Lawrence Seaway, opened in 1959, connects the inland Great Lakes of the United States and Canada with the Atlantic Ocean via the St. Lawrence River. Both of these waterways are considered vital arteries of commerce for U.S. foreign trade. But today, evolving shipping technologies on both land and sea and changes in world trade patterns raise questions about the long-term role of both waterways. The limiting lock dimensions of the two canals are becoming an increasingly important factor in the role each waterway plays in world trade. The rapid increase in the trend toward larger vessels, the opening of a trans-isthmus pipeline, and the use of double-stack container trains has siphoned off high-value traffic. It appears that as the average vessel size in the world fleet continues to grow, the percentage of the fleet able to transit each waterway will continue to decline. Enlarging either system to handle larger ships would be a very expensive undertaking and would also raise a host of environmental issues, so ultimately both waterways seem likely to play a diminished role in world trade.

Supplemental Notes:

This paper appears in Transportation Research Record No. 1263, Ports, Waterways, Rail, and International Trade Issues 1990. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved

Monograph Accession #:

01495456

Authors:

Olson, Howard E
Grier, David V

Pagination:

p. 83-100

Publication Date:

1990

Serial:

Transportation Research Record

Issue Number: 1263
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309050197

Features:

Figures (30) ; References (25) ; Tables (1)

Identifier Terms:

Uncontrolled Terms:

Subject Areas:

Economics; Highways; Marine Transportation; Pipelines; Society; Terminals and Facilities; Vehicles and Equipment

Files:

TRIS, TRB

Created Date:

Oct 31 1990 12:00AM

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