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Informa Economics IEG presented its annual Barge Fleet Profile Report at FreightWeek STL, which surveys operators on the inland system. The analysts said the barge industry is starting to emerge from overcapacity as the fleet shrinks and expansion is constrained.
A shrinking barge fleet tightens capacity over time, which can support higher barge freight rates for grain and meal movements on the river system.
ibjonline.comMay 22, 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.
