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eNews • February 7, 2014
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Promoting a Cost-Effective, Reliable and Competitive Transportation System

Did You Know?

Shuttle Train: A dedicated set of approximately 75-100 freight cars for movement as an entire unit from one origin to one destination. The shipper and the railroad enter into a contract for the regular transport of the particular product over a period of time, often one year. Within the contract incentives are often provided by the railroad to encourage rapid loading and unloading of the rail cars by the shipper.

Work Stops on Panama Canal Expansion

Work Stops on Panama Canal Expansion

Work to expand the Panama Canal was suspended Wednesday following a breakdown in talks between the canal authority and the construction consortium to resolve a bitter dispute over more than $1 billion in cost overruns.

The head of the Panama Canal Authority demanded in a statement on Thursday that the consortium led by Spain’s Sacyr SA return to work, but it wasn’t clear when that would happen or what the impact on the completion date, already delayed by a year to late 2015, would be.

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Washington Notebook: Governors urge action to rescue Highway Trust Fund

Washington Notebook: Governors urge action to rescue Highway Trust Fund

Seventeen Democratic and Republican governors last week urged Congress to find a long-term solution for the revenue shortage that plagues the Highway Trust Fund, which is expected to run out of money to pay for highway construction by the end of the summer.

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Transportation chairman opposes gas tax hike

Transportation chairman opposes gas tax hike

Congressman Bill Shuster (R-PA), Chairman of the House Transportation and Infrastructure Committee, on Tuesday ruled out an increase in the federal gas tax this year to pay for transportation projects.

Transportation advocates argue that increasing the federal gas tax from 18.4 cents per gallon would be the easiest way to shore up the trust fund that Congress uses to pay for road and transit projects.

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Transportation Summit

Transportation Summit

Iowa soybean farmers enjoy a competitive advantage in the global marketplace because of the superior quality and composition of the commodity we grow. The profitability of soybean farmers is also directly related to the efficient movement of our agricultural products.

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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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