Increasing number of extreme weather events is taking a toll
on the world's major shipping routes. Right now.
Low water levels on the Panama Canal have caused a
decline in the number of vessels able to pass through
the global trade route. These restrictions have caused a
Panama Canal pile up with many ships waiting to travel
across the canal. This news comes as the UN
weather agency declares the onset of El Nino that's likely
to raise global temperatures and heighten extreme weather conditions.
Analysts say this could have severe consequences for supply chains --> .