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The Port of New Orleans and the St. Louis Regional Freightway signed a memorandum of understanding to share market and operational information and pursue joint marketing. The agreement was signed February 23 and reported in mid-June.
The pact aims to improve intermodal grain and cargo connectivity between St. Louis and Gulf ports, but it has no immediate effect on supply, demand or prices.
bizneworleans.comBiz New Orleans Site StaffJun 14, 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.
