Infrastructure
Port of Virginia Completes Renovation
The U.S. Department of Agriculture (USDA) reported that nearly 16% of U.S. containerized grain exports move through the Port of Virginia. The two-year renovation and…
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)…
Infrastructure
USDA Quantifies Impact of Aging Inland Waterways Infrastructure
An important component of the U.S. Soy Advantage is its consistent supply. The U.S. supply chain is one of the most reliable in the world,…
Infrastructure
Barge Rates Muted
According to the U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS), “the U.S. Inland Waterway System utilizes a percent of tariff system to establish…
Infrastructure
Truck Rates Declining in 2019
The U.S. Department of Agriculture (USDA) Grain Transportation Report indicates trucking cost per ton is down almost 9%, which is a welcome change from the…
Infrastructure
Ocean Bulk Fleet Expanding
Second quarter 2019 ocean freight rates for shipping bulk grains were lower than last year, but 4 percent higher than the first quarter. Despite the…