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Mayors of the Mississippi River Cities & Towns Initiative met in St. Louis on January 31 to highlight infrastructure projects funded by the Infrastructure Investment and Jobs Act. The Corps of Engineers released a spending plan that includes $732 million for Lock 25 near Grafton, Illinois, and $97.1 million for ecosystem restoration at Lock 22.
Committed funding for Lock 25, just north of St. Louis, targets a key bottleneck for grain barge traffic, which could ease future congestion and freight costs on the upper river.
waterwaysjournal.netWaterways JournalFeb 9, 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.
