Transportation
Brazil’s Minimum Freight Rates are Being Negotiated
Approximately 60% of corn and soybeans in Brazil is transported by truck from origin to destination. As a result, truck freight rates play a major…
Transportation
IMO 2020 Regulation Could Increase Diesel Cost
For agriculture, fuel cost is extremely important because it factors into the farming operation’s profit as a direct cost, derived cost, and transportation cost. The…
Transportation
IMO 2020 Regulation Could Increase Diesel Cost
In 1973, the International Maritime Organization (IMO) enacted regulations to reduce pollution from marine and shipping operations. The International Maritime Organization’s new regulations (IMO 2020)…
Transportation
Truck Capacity Availability Improving in 2019
American Trucking Associations (ATA) estimates the U.S. has approximately 3.5 million Class 8 trucks dispatched by over 210,000 trucking companies transporting 16.18 billion tons of…
Transportation
Dry Barge Fleet Consolidation
Over the near term, the U.S. Coast Guard, due to flood conditions, has reduced barge tow configurations from St. Louis, Missouri to the Gulf, which…
Transportation
River Elevator Swap Limits Competition
Illinois farmers are fortunate to have six options at harvest. The farmers can deliver directly to a soybean crushing facility, shuttle elevator, river elevator, container…