NEWS
Rail Service Slow to Recover
Mary Kennedy DTN Basis Analyst
Fri Mar 21, 2014 02:59 PM CDT

OMAHA (DTN) -- Despite weather easing as we move into spring and some small reductions in the number of late rail cars in a few states, the number of days that cars were late increased in the past week and shuttle turns are taking longer than usual. In addition, those needing rail cars to fill are paying more.

The spike in average March non-shuttle secondary railcar bids/offers per car "added $0.45 per bushel to the cost of shipping grain in jumbo hoppers" for the week ended March 13, according to USDA's weekly Grain Transportation Report. Record high shuttle freight costs ...

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