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The water levels are still low on the Mississippi River and barge movements continue to remain...
Although water levels on the Mississippi are showing no signs of an upturn, barge pricing stabilized in the past week and restrictions at one of the largest barge shipping companies have not gotten any tighter.
The weekly Grain Transportation Report published late last week by the Department of Agriculture (USDA) showed barge rates slipping slightly to 549 from 556. The rates are quoted as a percentage of a base rate set to the year 2000, which represents 100.
However, even though 549 is less...
February rains at 200% of normal across the Tennessee Valley brought flooding expected to exceed historic levels and forced a shutdown for barge traffic along 650 miles of river, according to the Tennessee Valley Authority and Corps of Engineers.
With 13.47” of rain recorded at Nashville, Tenn., it was the wettest February since 1880, according to the National Weather Service. Nine locks between Paducah, Ky., and Knoxville, Tenn., were closed Feb. 23 due to the high water, as the agencies worked...