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Did You Know? In 1994, railroads owned 54 percent of the hopper cars in service; 46 percent were privately owned or leased by rail customers. In 2011, railroads owned 33 percent; 67 percent were owned or leased by customers.
Source: U.S. Department of Agriculture |
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Steenhoek Appointed to Commerce Department’s Supply Chain Advisory Committee The U.S. Department of Commerce recently appointed Mike Steenhoek, executive director of the Soy Transportation Coalition, to its newly established Advisory Committee on Supply Chain Competitiveness. Click here to Read More |
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Mississippi River Low-Water Mark Is a Concern for Shippers The drought that's squeezing trade on the lower part of the Mississippi River is threatening to force barge lines to lighten cargos in Minnesota if it doesn't rain more soon. Click here to Read More |
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ADM to Enhance Brazilian Export Capacity with Purchase of Port in Northern Brazil Archer Daniels Midland Company (ADM) announced an agreement to purchase a port terminal in the state of Para in Brazil on July 31. Click here to Read More |
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Genesee & Wyoming to pay $1.39B for RailAmerica Genesee & Wyoming reported on July 23 that it will buy RailAmerica for about $1.39 billion in a deal that combines the two largest short-line and regional rail operators in North America. Click here to Read More |
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