Drought conditions are again impacting Mississippi River water levels
Low water levels along the Mississippi River can mean a headache for the barge industry, but present opportunities for railroads, according to Raymond James analyst Patrick Tyler Brown.
Related: Low water levels along Mississippi River present a competitive opportunity for railroads, says analyst “All else equal, we note that any disruption to barge traffic that would benefit the rails coincides with the benefit felt last year ,” wrote Raymond James’ Brown. “That said, service levels at the rails are much better compared to last year, which could provide some additional conversion opportunities.”
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