Loading…
Stakeholders at a TRB Annual Meeting session said inland waterways can absorb projected freight growth, with USDOT forecasting a 40 percent rise in US freight tonnage by 2045. They called for more and faster federal funding for Army Corps of Engineers projects and waterway investment.
The discussion points to long-term capacity constraints on rail and highways that could shift more bulk grain to inland waterways, but funding delays mean no immediate price effect.
enotrans.orgJan 18, 2019Not 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.
