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A FreightWaves article describes plans by American Patriot Container Transport to run container-on-vessel service on the Mississippi River. The company says shippers could save 30 to 40 percent over other intermodal options.
The service would link St. Louis-area ports with the Midwest, the lower Mississippi and overseas routes.
This is a proposed container service and has no near-term effect on grain or feed supply, demand or prices. It is a long-term shift in inland waterway freight options.
freightwaves.comFreightWaves StaffSep 21, 2018Not 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.
