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St. Louis is seeing more grain barge traffic than ever before, driven by new riverfront development mainly on the Illinois side. An industry analyst expects this growth to persist for several years, with lower prices and more barge freight.
Expanded barge capacity and competition should keep river freight rates under pressure, which lowers transport costs for feed ingredients moving through St. Louis.
thefreightway.comJerry VallelyMar 4, 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.
