The Brazilian arm of U.S. commodities trader Archer Daniels Midland Co. expects to move 1 million metric tons of soy and corn through its new terminal at the mouth of the Amazon in 2014, according to the head of South American operations.
Reese Ewing and Gustavo Bonato
December 16, 2013
TRAVERSE CITY, Mich. — The U.S. House is preparing to vote on legislation that would set a nationwide standard for cleansing ship ballast water to kill invasive species and prohibit states from setting their own policies.
OMAHA, Neb. — Union Pacific overcame higher fuel costs to record a 24 percent jump in first-quarter profit by hauling more freight in the recovering economy and increasing prices on some shipping contracts, the railroad said Wednesday.
FARGO, N.D. — The oil boom in western North Dakota is changing the economics of railroad shipping containers, potentially benefitting agricultural shippers who want to send their products west through the Pacific Northwest port, or even to the east.
PIERRE, S.D. — Farmers in central South Dakota could get more money for their corn and soybeans by taking advantage of a new railroad partnership to send their crops west to Seattle, where prices are higher than in Chicago.
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