Mexico is building the Interoceanic Corridor railway to compete with the Panama Canal and ease international trade. The new railway would aim to relieve the burden on the Panama Canal, which is struggling to receive shipments due to a drought. The Panama Canal has raised toll prices nearly eight-fold, and water levels at an all-time low make ship passage through the canal challenging. Mexico’s Interoceanic Corridor The $7.5 billion dollar project will stretch 188 miles across the Isthmus of Tehuantepec. The railway will move containers from ships to the train and transport them to ships on the other side that...
