# Grain Journal | Transportation Review

> BNSF sold 28 yearlong grain shuttle contracts for $30.7 million in its May 29 auction, with winning bids up to $1.2 million. Union Pacific's auction sold most offered shuttles at $0, and the article notes the Canadian rail strike threat could disrupt cross-border grain trade.

- Date: 2024-06-11 · published 2024-06-11T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/29792-grain-journal-transportation-review
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising BNSF shuttle bids signal tighter US rail capacity for the coming harvest, which raises shipping costs for US grain exports while the Canadian strike risk adds further uncertainty.

## Read by commodity

- BARGE: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- grainjournal.com: https://www.grainjournal.com/article/1007132/transportation-review

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.