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Tag Archives: transportation

ADM EXPANSION

ADM announced today that it is investing in substantial improvements and expansions to its port facilities in Puerto San Martin in the Argentine state of Santa Fe, enhancing the company’s capability to export grain and other agricultural products from the region. The improvements are expected to be complete by early 2016.

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TANK CAR RULES

U.S. and Canadian transportation regulators will issue tough new rules for railroads hauling crude oil and ethanol that require trains be equipped with faster-acting electronic brake systems. Tank cars will also need to be sturdier than current models, according to The Wall Street Journal report.

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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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