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…
Transportation
Despite River Constraints, Barge Rates Normal
Crop barge capacity is the number of covered barges in the fleet multiplied by the number of times the barge can be loaded minus other…
Transportation
Weaker Currency Offsetting Higher Brazilian Truck Freight Rates
One factor that will eventually help U.S. soybean farmers obtain a higher soybean price is higher Brazilian truck freight rates increasing the Brazilian soybean port…