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A traffic jam in the Panama Canal could take at least 10 months to clear up, new data shows. Holiday shopping will likely be impacted, with higher prices and out-of-stock items. Since ships are taking much longer to move through the body of water, delayed shipments will likely screw up holiday shopping plans. Either way, higher prices for the ships likely mean higher prices for the items they're bringing to your area, Slagle explained. The Panama Canal traffic jam can be chalked up to unprecedented conditions in Panama.
Persons: haven't, Jenna Slagle, Slagle, Project44, Salgle Organizations: Morning, Panama Canal Authority Locations: Panama
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