From Cincinnati.com article Panama Canal Expansion Shipping Jobs to Ohio:
...Since 2007, the canal has been the center of a $5 billion project, the first serious upgrade since it was opened in 1914. The expansion, expected to be complete next year, will allow larger ships to make it through to the East Coast, leading to cheaper shipping to and from Asia. Although it's discouraging news for West Coast ports, for the East and Midwest, the shift in shipping traffic will be an economic boost.
"It really improves our position in terms of distribution out and shipping our products internationally," said Chris Manegold, CEO of the Economic Development Alliance of Southern Ohio.