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Five conservation groups have sued the Corps of Engineers in the Southern District of Illinois over its use of river training structures such as bendway weirs and chevron dikes on the Middle Mississippi. The Corps uses these structures to scour a 9-foot navigation channel and reduce dredging needs.
The litigation could eventually constrain how the Corps maintains the navigation channel, creating a longer-term risk of depth or dredging cost changes for barge freight, though no immediate price impact is evident.
waterwaysjournal.netWaterways JournalMay 29, 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.
