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A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans. Barge companies that haul grain, coal and other bulk goods are reporting losses.
Surplus barge capacity pushes freight rates down, which lowers transport costs for grain shippers but signals weak demand for barge services.
m.fotoarslan.comNov 30, 2020Not 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.
