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eNews • October 18, 2019
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Promoting a Cost-Effective, Reliable and Competitive Transportation System

Did You Know?

How much does it cost to build one mile of road? Examples:

• Construct a new 2-lane undivided road - about $2 million to $3 million per mile in rural areas, about $3 million to $5 million in urban areas.

• Construct a new 4-lane highway - $4 million to $6 million per mile in rural and suburban areas, $8 million to $10 million per mile in urban areas.

• Construct a new 6-lane Interstate highway - about $7 million per mile in rural areas, $11 million or more per mile in urban areas.

• Mill and resurface a 4-lane road - about $1.25 million per mile.

• Expand an Interstate Highway from four lanes to six lanes - about $4 million per mile.

Source: American Road and Transportation Builders Association

Driver problems top latest list of trucking woes

Driver problems top latest list of trucking woes

Trucking faces challenges old and new as it rolls toward a new decade, but most of them revolve around one of the industry's oldest problems: finding and keeping truck drivers. And as the cost of doing that rises, more pressure will come to bear on the rates truck shippers pay.

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Maersk: Shippers will only pay for IMO 2020 'cost recovery'

Maersk: Shippers will only pay for IMO 2020 'cost recovery'

Maersk Line will only charge for the "extra cost of compliance" as the carrier introduces new IMO 2020 low-sulfur fuels in the coming months.

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Virginia Port Authority inks dredging contract with Weeks Marine

Virginia Port Authority inks dredging contract with Weeks Marine

Port of Virginia officials last week signed a $78 million contract with Weeks Marine of New Jersey to begin the first phase of a dredging project on the port's western side of Thimble Shoal Channel.

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The Soy Transportation Coalition is comprised of thirteen state soybean boards, the American Soybean Association, and the United Soybean Board. The National Grain and Feed Association and the National Oilseed Processors Association serve as ex-officio members of the organization.

Soy Transportation Coalition
1255 SW Prairie Trail Pkwy., Ankeny, Iowa 50023
Phone: (515) 727-0665 Fax (515) 251-8657
Email msteenhoek@soytransportation.org
Web www.soytransportation.org

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Funded by the Soybean Checkoff

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