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The St. Louis Regional Freightway and the three St. Louis-area public ports signed a memorandum of understanding with the Port of New Orleans on February 23, 2017. The agreement sets up joint marketing and the exchange of operational information, and it supports container-on-barge shipping on the lower Mississippi.
The deal could expand container-on-barge capacity out of St. Louis, which may shift some containerized grain and feed trade toward river routes. Its effect on commodity prices is minor.
thefreightway.comFreightway SuperuserApr 20, 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.
