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Tag Archives: transportation

TRADING CARS

22% of people traded in their hybrids and electric vehicles for an SUV this year, up sharply from last year, and doubling the rate of three years ago. So-called loyalty rates for alternative-fuel vehicles have fallen below 50% due to the lower price of gas, according to Edmunds.com.

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TANKCAR SAFETY

In a string of recent oil train derailments – including the recent one near Galena – new and sturdier railroad tanker cars being built to carry a rising tide of crude oil across the continent have failed to prevent rupture. Check out the Wall Street Journal article for more.

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BRAZIL TRUCKS

A widespread work stoppage by Brazilian truckers continues roiling global soybean markets, boosting prices that had been deflated for months.

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DOCK STRIKE SETTLED

West Coast ports are resuming full operation after settlement of a labor dispute that snarled Asia-bound traffic for weeks, hitting meat and produce exports especially hard. Mike Steenhoek of the Soy Transportation Coalition says he’s seen estimates that the disruption on the West Coast has cost U.S. exporters of agricultural products $1.75 billion each month.

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PORK AND PORTS

A strong dollar has made U.S. pork more costly than meat from competing countries, which has led to a slowdown in exports, especially to China. And cargo slow-downs due to a labor dispute at West Coast ports has left stocks of pork products piling up.

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DOCK STRIKE IMPACTING AG

An ongoing labor dispute embroiling ports across the West Coast has taken a bite out of agricultural trade across California’s Central Valley. Some in the food and logistics industry fear a permanent loss of overseas business.

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SAFETY COSTS

New tanker car safety rules issued by the government are expected to cost US customers $60 billion, and the ethanol industry $5.3 billion specifically; 2019 is expected to be the peak year.

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Transportation Coalition

Transportation for Illinois coalition in Springfield today presented its funding source for a capital plan.  It includes higher fuel taxes, ending ethanol credit. The coalition wants to raise the state gas tax 4 cents, diesel tax up 7 cents, plus raise vehicle registration fees and tax repairs & oil changes.

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RAIL WOES HELPING BARGES

As of Nov. 1, year-to-date grain barge tonnages were 13 percent higher than the five-year average and the highest since 2010, according to a recent Agriculture Department report. That rising demand has also affected prices – barge rates for export grain in October averaged 33 to 60 percent higher than the five-year average during that… read more

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CORPS RESPONDS

Earlier this week, farm groups and barge operators criticized the Army Corps of Engineers for closing the Mississippi River near Memphis for a work project. Late Monday, the Corps responded telling interested parties why they closed the river now. The annual bank protection program must be performed when river levels permit (typically between August and… read more

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