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How Panama Canal’s revolutionary expansion is impacting Virginia’s port

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By Brian Rountree, Market Manager, Global Commercial Banking at Bank of America Merrill Lynch

Around the world, and in the U.S., businesses immediately recognized the new growth opportunities from the expanded canal. Many logistics experts predict the expansion will shift international trade routes, allowing ships to reach Asia from the U.S. more than two weeks faster than going east through the Suez Canal.

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