Loading…
St. Louis-area officials and Mississippi River city mayors met to explore ways to encourage shippers to move more containers by barge. The U.S. Department of Transportation announced almost $5 million in grants for infrastructure and market intelligence, including about $100,000 for a Port of St. Louis-led consortium to study logistics needs.
Shifting container freight to river barges could ease road and rail congestion and lower inland freight costs for feed and grain movements, but the effect on near-term feed prices is limited while improvements remain at the study stage.
missouribusinessalert.comSt. Louis Post-DispatchDec 6, 2016Not 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.
