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Ken Eriksen warned that about 2,000 of the roughly 13,200 dry and covered barges in the US fleet are reaching the end of their useful lives. He said the market faces a retirement cliff with only a few domestic builders.
A sharp fleet retirement with limited new builds could tighten barge capacity and lift freight costs for grain shipments. The effect would show up in basis over time rather than immediately.
ibjonline.comJun 23, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
