# New Partnership Works To Digitize Common Barge Industry Transactions - The Waterways Journal

> The National Grain and Feed Association announced on July 14 a partnership with National Grain and Feed Digital Solutions to oversee the Barge Digital Transformation platform. The platform aims to digitize the 70,000 to 100,000 negotiable barge bills of lading that NGFA members process annually.

- Date: 2020-07-20 · published 2020-07-20T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/52282-new-partnership-works-to-digitize-common-barge-industry-transactions-the
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Digitizing barge paperwork could cut transaction costs and speed up river shipments, which may modestly lower effective barge freight costs over time. The impact on prices is limited and will take years to materialize.

## Read by commodity

- BARGE: bearish ▼

## Sources

- waterwaysjournal.net: https://www.waterwaysjournal.net/2020/07/20/new-partnership-works-to-digitize-common-barge-industry-transactions/

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