# Army Corps of Engineers gets nearly $1 billion to help shipping on the Mississippi

> Close to $1 billion in federal infrastructure bill funding is going to the St. Louis region, including $732 million for a new 1,200-foot lock at Lock and Dam 25 to replace the 1939-era 600-foot lock. The Army Corps says the current lock forces long tow breakups, and the new lock would cut passage time from up to 2.5 hours to 45 minutes.

- Date: 2022-01-31 · published 2022-01-31T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/43329-army-corps-of-engineers-gets-nearly-1-billion-to-help-shipping-on-the
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

This is a long-term capacity upgrade that will not change near-term supply, but it reduces a single point of failure for Upper Mississippi grain barge traffic and supports US export competitiveness.

## Read by commodity

- BARGE: bearish ▼

## Sources

- waterwayscouncil.org: https://waterwayscouncil.org/media/in-the-news/article/2022/01/army-corps-of-engineers-gets-nearly-1-billion-to-help-shipping-on-the-mississippi

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