Midwest soybean farmers to help pay for Pacific Northwest export terminal

Several U.S. soybean producer groups are planning to help fund the construction of a Pacific Northwest terminal that would be used to ship soybean meal exports.

The Iowa Soybean Association, the Kansas Soybean Commission, the Nebraska Soybean Board, the North Dakota Soybean Council, the South Dakota Soybean Research and Promotion Council and the Soy Transportation Coalition say will they collectively provide $900,000 toward pre-engineering, design and site development costs for AG Processing’s...

https://www.freightwaves.com/news/midwest-soybean-farmers-to-help-pay-for-pacific-northwest-export-terminal

War – what is it good for? American freight demand…

We live in chaotic times. Risking a charge of war-mongering, I largely believe that the Russia-Ukraine conflict will be beneficial for the American freight and logistics industry – but only if the conflict stays isolated to eastern Europe and a global war does not break out.

Anyone who has been around trucking for any length of time understands that hurricanes and other natural disasters drive substantial freight demand. These short-term demand surges create a demand for relief supplies to...

https://www.freightwaves.com/news/war-what-is-it-good-for-american-freight-demand

Buttigieg vows to help US exporters resolve supply chain woes

U.S. Secretary of Transportation Pete Buttigieg pledged to step into the fray to help resolve a dispute between vessel operators and U.S. exporters over container pricing and availability.

Testifying before the House Transportation and Infrastructure Committee on Thursday on the Biden administration’s infrastructure priorities, Buttigieg was asked by lawmakers what he could do to expedite a solution to the congestion that has been going on for months — particularly at West Coast ports — and that...

https://www.freightwaves.com/news/buttigieg-vows-to-help-us-exporters-resolve-supply-chain-woes

Commentary: Can managed trade really work?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

Managed trade, ironically, is hard to manage. This is especially true when it is between the world’s two largest economies trying to settle their trade and political disputes. The U.S.-China trade war entered a détente of sorts with the “Phase 1” trade deal signed on January 15, 2020. Between January 1, 2020 and December 31, 2021, China is required to import more...

https://www.freightwaves.com/news/commentary-can-managed-trade-really-work