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Did You Know? Inefficient and over budget: Examples of lock and dam renovation projects:
Monongahela River Locks and Dams
- $556 million (original cost estimate); $1.7 billion (current cost estimate)
- 2003 (original completion date); 2016 (current completion date)
Olmstead Locks and Dam
- $775 million (original cost estimate); $2 billion (current cost estimate)
- 2005 (original completion date); 2016 (current completion date)
Source: Army Corps of Engineers |
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Soy Transportation Coalition, Indiana Soybean Alliance Host STB Commissioner on Ag Loading Tour The Soy Transportation Coalition and the Indiana Soybean Alliance hosted Surface Transportation Board (STB) Commissioner Francis Mulvey in Indiana on June 16 to tour the Louis Dreyfus soybean processing plant in Claypool and the Central States Enterprises elevator in New Haven. Click here to Read More |
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Soy Transportation Coalition Tours Transloading Facilities, Rail Terminals in Chicago The board of directors of the Soy Transportation Coalition (STC) toured container loading and shipping facilities in the Chicago area on Thursday, June 23, in conjunction with the organization’s summer board meeting. The purpose of the visit was to develop a more thorough understanding of the containerized movement of soybeans and other agricultural products. Click here to Read More |
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Rail industry stakeholders speak out at STB's “rail competition” hearing On June 22, more than 20 rail industry constituents provided testimony on the first day of the Surface Transportation Board’s (STB) “rail competition” hearing. Association of American Railroads President and Chief Executive Officer Ed Hamberger told board members that the current rail economic regulatory framework allows freight railroads to sustain billions of dollars in private capital investments annually and support more than 1.2 million jobs. Click here to Read More |
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Maersk Orders 10 Additional Mega Ships Maersk Line signed a contract June 27 for another 10 18,000 20-foot equivalent units containerships for the Asia-Europe trade, just four months after placing an initial $1.9 billion order for 10 of the world’s largest ships. Click here to Read More |
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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. |
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| Funded by the Soybean Checkoff |
