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The Surface Transportation Board granted rendering company Sanimax's request to partially revoke rail commodity exemptions, allowing its service complaint against Union Pacific to proceed. Sanimax alleges UP cut service days from five to three per week.
The board also denied UP's motion to dismiss.
Rail service problems for rendered animal fats and feed ingredients could raise shipping costs and delay deliveries, supporting regional feed ingredient prices somewhat.
freightwaves.comJoanna MarshNov 4, 2021Not enough comparable past events yet for a historical read.
Not 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.
