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The US Maritime Administration awarded $4.85 million in grants to six Marine Highway projects along waterways in 17 states and the District of Columbia. The program aims to shift freight from landside routes to coastal and inland waterways to relieve congestion and cut emissions.
Expanded barge and container-on-barge capacity could marginally shift freight away from trucks and rail, but the funding is small and the effect on grain barge rates is limited in the near term.
logisticsmgmt.comPatrick BurnsonJan 9, 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.
