Brazil’s Minimum Freight Rates are Being Negotiated

Alan Barrett|Dec 18, 2019

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…


Port of Virginia Completes Renovation

Alan Barrett|Sep 27, 2019

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…


IMO 2020 Regulation Could Increase Diesel Cost

Alan Barrett|Sep 20, 2019

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)…


USDA Quantifies Impact of Aging Inland Waterways Infrastructure

The Maritime Executive|Sep 18, 2019

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,…


Barge Rates Muted

Alan Barrett|Sep 12, 2019

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…


Truck Rates Declining in 2019

Alan Barrett|Sep 6, 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…


Ocean Bulk Fleet Expanding

Alan Barrett|Aug 30, 2019

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…


Truck Capacity Availability Improving in 2019

Alan Barrett|Aug 16, 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…


Infrastructure Investment Helps Keep U.S. Soy Shipping Costs Down

Alan Barrett|Aug 13, 2019

Few public investments provide more economic development than a public port.  For example, operating as the major grain logistics tenant at the Port of Greater…


Dry Barge Fleet Consolidation

Alan Barrett|Aug 9, 2019

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…