# Missouri transportation hub gets $20 million federal boost - Missourinet

> The federal government awarded the Southeast Regional Port Authority in Scott City, Missouri, a $19.8 million grant for two 12,000-foot rail loop tracks. The loops will let unit trains move product between rail cars and river barges more easily. Local grain handlers expect lower transport costs.

- Date: 2018-12-10 · published 2018-12-10T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/61758-missouri-transportation-hub-gets-20-million-federal-boost-missourinet
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Rail-to-barge transfer capacity at a new public loop could lower freight costs for Missouri River and Mississippi grain and rice shipments. The effect on prices is local and the project is still in construction.

## Read by commodity

- BARGE: bearish ▼

## Sources

- missourinet.com: https://www.missourinet.com/2018/12/10/missouri-transportation-hub-gets-20-million-federal-boost/

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