Record Harvest Seen Pushing U.S. River Transportation System to Near Breaking Point

By Michael Hirtzer and Karl Plume CHICAGO, Sept 25 (Reuters) - With a record U.S. harvest just coming in, the river transportation system that is at the heart of the nation's farm economy is overstrained by rising demand for shipping capacity, a low barge inventory, and a dilapidated lock system. The pressure is building on an inland waterways network that is just one … [Read more...]

Battle of the Barges: U.S. Shipping Sector Seeks More Federal Funds

WASHINGTON, May 6 (Reuters) - As Congress imposes deep spending cuts on everything from national defense to child care, shipping industry executives are urging lawmakers to spend hundreds of millions of dollars more on a river network that accounts for a declining share of the nation's domestic freight. During a lobbying blitz in the past month, roughly 130 tugboat and barge … [Read more...]

Kirby Corp Says Opportunities Ripe for… Barge Building

By Kristen Hays HOUSTON, April 25 (Reuters) - Growing demand to move crude oil via barge along U.S. coastlines could spur construction of new barge capacity, Kirby Corp Chief Financial Officer David Grzebinski told analysts on Thursday. Kirby, the largest U.S. barge operator, has been building barges, but largely to replace old ones, as well as adding to its fleet via … [Read more...]