Transits through the Panama Canal increased 3% on a year earlier, with smaller vessels giving up slots in favor of neopanamax traffic. The impact of the Canal’s extension may have stabilized, with 159 transits for neopanamax vessels vs. 158 in February and 160 in January. Booked slots fell slightly, and overall transits may decline in April due to increased maintenance. Panama’s success contrasts with the Suez Canal’s traffic falling for a 12th straight month. Asian shipments into the U.S. climbed 13%, with the Californian ports taking the lion’s share of the growth for the month with a ...