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Shaver Transportation will add two 4,200-ton barges to its fleet, bringing its total to 20 grain barges. The barges will be towed from Indiana to Portland and are tied to a planned rail-to-barge transfer facility at the Port of Morrow in Boardman, Oregon.
Added Columbia-Snake barge capacity and new rail-to-barge wheat flows could ease Pacific Northwest wheat logistics, a modest bearish factor for export basis and freight.
capitalpress.comMatthew WeaverDec 7, 2017After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% over 20.
Not 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.
