US Inland Waterways: Looking for Rainmakers
As 2022 moves into its final months, low water levels and drought form the basis of the news impacting inland waterways operators and barge companies. In the first week of October, numerous barges were reported grounded in the Mississippi River, particularly south of Baton Rouge. This has consequences: barge rates jumped 218% in St. Louis, compared to 2021.Low water was so severe that on October 7 Ingram Barge CEO John Roberts issued a force majeure notice (force majeure - unforeseeableā¦
Missouri River Opens for Shortened Season
Towboats and barges continue to make their way up and down the muddy waters of the Missouri River thanks to the reopening of a 200-foot wide navigable channel maintained by the Army Corps of Engineers. boats inspected the 8-foot deep channel. The U.S. channel by week's end. Gavins Point Dam in late March. the big upstream reservoirs. construction of a 750 Megawatt power plant continues near Council Bluffs. from the plant. That reduction would equate to nearly $60 million in lost revenues annually. depending on runoff. reviews the storage level in upstream reservoirs.
