New Supply Chain Setbacks: Mississippi River Levels Hit All-Time Low
Levels of the Mississippi River in Memphis have just hit a new all-time low record of -10.77 feet. Meanwhile, companies are not loading as much cargo onto ships — so they can travel safely and not bottom out — while fewer barges are included in each tow.
According to the American Commercial Barge Line, the industry has agreed to a 25-barge tow max size, which translates into around a 17-38% reduction in capacity.
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According to the American Commercial Barge Line, the industry has agreed to a 25-barge tow max size, which translates into around a 17-38% reduction in capacity.
Click Here to read more.