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Local contractor Alberici Constructors expects new federal infrastructure funding to bring more public works in the St. Louis region, including an upgrade of Lock and Dam 25 moved up to 2022. Contractors expect a multi-year surge in construction work.
Lock and Dam upgrades can reduce future Upper Mississippi barge delays, but the work is years from affecting grain barge rates, so price impact is minimal.
thefreightway.comMatt FernandesMay 20, 2022Not 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.
