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A towboat pushing 14 barges struck a pier of the Old Highway 80 Bridge at Vicksburg, Mississippi, on May 23 during high water. Eleven barges broke free and one sank downriver.
The Coast Guard is investigating and has not determined the cause.
Barge groundings and lost tows on the Lower Mississippi can halt traffic and raise freight costs for grain shipments, which can weigh on Gulf export basis and barge freight rates.
professionalmariner.comProfessional Mariner StaffJul 28, 2017Not 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.
