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Top 10 Destination Markets for U.S. Containerized Grain Exports (June 2011)

Panama Canal expansion could improve competitiveness of U.S. soy

An extensive study coordinated by the United Soybean Board’s (USB) Global Opportunities (GO) program expects a new, larger shipping lane through the Panama Canal to double the area that draws U.S. soy to Mississippi River destinations eventually destined for export through Gulf of Mexico ports.

Minnesota Soybean Research and Promotion Council joins Soy Transportation Coalition

The Soy Transportation Coalition (STC) is pleased to announce the addition of the Minnesota Soybean Research and Promotion Council as a member organization. Minnesota becomes the 11th state soybean board to join the STC.

Industry, Obama Admin Wrestle Over Funding for Waterway Maintenance

President Obama's plan that calls for shipping interests to pick up more of the tab for channel-deepening projects and repairing and upgrading locks and other infrastructure along waterways is facing fierce industry opposition.

Mica seeks six-year surface transportation reauthorization bill at current funding levels, spokesman says

House Transportation and Infrastructure Committee Chairman John Mica (R-Fla.) is preparing a six-year surface transportation reauthorization bill that would drop a previously proposed 30 percent cut in funding.

BNSF Pegs Flood-Related Costs at $375 Million

BNSF Railway says by the time it has finished with historic flooding along the Missouri River and elsewhere this year, it expects the tab to be “about $375 million.” From record snowfall last winter to record runoff floods that hit the BNSF network this summer on the Missouri and Souris rivers, “BNSF has experienced a series of some of the worst impacts from weather in our railroad’s long history,” said Chairman and CEO Matthew Rose.

Train under police protection reaches grain terminal without incident

A mile-long train entered the EGT grain terminal at the Port of Longview on September 29 without incident and without a single longshore protester present, perhaps signaling a further change in union tactics in its battle with the terminal operator.