Barge rates on the Mississippi rise as water levels fall

Water levels are continuing to fall on key sections of the Mississippi River, raising fears of another autumn shipping crisis like that of 2022.

The squeeze on barge rates was spelled out Thursday in the Department of Agriculture’s weekly Grain Transportation Report. 

“Restrictions — which have grown increasingly stringent since June — lower the amount of grain allowed to be loaded on a barge,” the report said. “As a result, barge supply has tightened, because more barges than normal are required...

https://www.freightwaves.com/news/barge-rates-on-the-mississippi-rise-as-water-levels-fall

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