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The St. Louis Regional Freightway reports that efforts to bring container-on-vessel service to the St. Louis region are advancing. Litrico presented the concept at two late-August forums and claimed 30 to 40 percent savings over intermodal alternatives.
Larger vessels can now use the widened Panama Canal to reach the Midwest.
This is a promotional update on a planned service with no immediate supply or price impact on feed grains. It mainly signals possible future shifts in inland freight routing.
thefreightway.comFreightway SuperuserSep 13, 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.
