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A dream more than 400 years in the making, the French began work on the canal in 1881 but was later stopped for many years due to engineering problems and a high worker mortality rate. One of the largest and most difficult engineering projects was then took over by the United States in 1904 and opened the canal on August 15, 1914.
Today, much has been made of impact of the slowdown of global trade on the canals expected traffic. But this is a short-term view, and even if world trade were to remain flat for a time, more of that trade will go through the Panama Canal, which can now handle 79 percent of total global traffic, compared to only 45 percent that could fit through the original passageway. In line with its commitment to customer service, the Panama Canal will continue to provide the world with value for another century and beyond.