The Panama Canal Has Competition

The Panama Canal revolutionized trans-oceanic travel by allowing ships to take a shortcut between the Pacific and the Atlantic Oceans. However, Paraguay, Argentina, and Brazil are plotting a new way to move goods between the oceans that involve new train routes connecting ports on either side of the continent. This could reduce the traffic going through the Panama Canal and bring vital economic growth to South America. In this video, we learn about this new route and how it will revolutionize international trade.