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A panel at the Inland Rivers, Ports and Terminals conference in Louisville covered grain, coal and fertilizer barge markets. ACBL's marketing director said the barge fleet is shrinking as it right-sizes, and new barges cost $950,000 to $1 million.
Grain companies are investing in river infrastructure, including a planned Gulf export house.
A shrinking barge fleet and new export capacity in the Gulf affect long-run freight availability and export logistics. The panel offers no immediate price catalyst for grain.
waterwaysjournal.netShelley ByrneOct 6, 2023Not 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.
