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Major Barge Line ACBL Files for Bankruptcy

ACBL owns 2,497, or over 19%, of US jumbo covered barges

October 1, 2020

Barge

Bunteaufnahmen Industry 3169199 1920

Bulk grain shipping rates surge in second quarter

Soybeans Harvest Ready At Sunset Mbrady321 Pixabay

Biofuels can boost food supply

Bulk grain shipping rates surge in second quarter

Ocean freight costs for grain shipments climbed sharply from April through June, driven by strong commodity movements and rising fuel prices.

Bunteaufnahmen Industry 3169199 1920

Brand Insights

Thermal Performance and Gearbox Selection for Grain Handling Applications

SEW-EURODRIVE, Inc.

SEW-EURODRIVE’s Austin Burdette discusses heat challenges in grain handling gearboxes and how proper thermal management can reduce downtime and extend equipment life.

Thermal Performance and Gearbox Selection for Grain Handling Applications

Cooperative Ventures backs barge tech startup

Cooperative Ventures has invested in OpenTug to improve marine logistics for agricultural supply chains.

Business & Markets

CSX reports record revenue in second quarter

The railroad operator posted net earnings of $1 billion as volume increased 6% across markets.

Northern wheat rail rates rise in 2026/27

BNSF and CPKC announce varied increases across origins as production shifts continue in the Northern Plains and Pacific Northwest.

Zachary Keagle Train 5649429 1920

Grain Facility Renovations & Builds

Canada launches Vancouver port expansion strategy

The government partners with Vancouver Fraser Port Authority to double non-U.S. exports by 2035 through infrastructure improvements and environmental protections.

Roberts Bank Terminal 2

Barge grain shipments jump 21% to 669,200 tons

Barge traffic increased from the previous week and last year, while rail carloads dropped 11% during the holiday week ending July 4.

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Legislative News

Senate committee passes water infrastructure bill

The bipartisan legislation authorizes 61 feasibility studies and 15 construction projects for the U.S. Army Corps of Engineers.

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Port of Galveston opens new cargo berth

The $106 million expansion project adds almost 30 acres to the facility and marks the port’s first major cargo investment in decades.

Pier 39 40 Cargo Ship Offloading July 2 Wide Web

Rail grain carloads up 8% from last year

Weekly report shows mixed transportation trends as barge movements increase and ocean rates decline.

Music4life Freight Train 328763 1920

CSX invests $26M in River Line expansion

Railroad will add 18 miles of second track to handle growing crude oil, intermodal and automotive traffic.

Railroad Track Pixabay Lewickistudio

Rail grain carloads jump 17% from last year

U.S. Class I railroads originated 28,942 grain carloads during the week ending June 13, while barge movements fell 29% year-over-year.

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Laredo rail park receives federal approval

The Surface Transportation Board authorized a new 2.6-mile railway to serve a 1,900-acre industrial development.

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