Articles tagged under: rail

Midwest Floods Expected to Impact ADM’s Q1

Published March 29, 2019

In an update to shareholders, Archer Daniels Midland says there will likely be a $50 to $60 million decrease in operating profits during its first quarter. Flooding is impacting business. In the regulatory filing, ADM says rail transportation has been…
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Flooding Impacts NE, IA and SD Ethanol Movement

Published March 26, 2019

The flood waters that caused transportation and rail delays for ethanol producers in Nebraska, Iowa and South Dakota are receding, but there are still transportation challenges ahead. Southwest Iowa Renewable Energy (SIRE) CEO Mike Jerke, based in Council Bluffs, Iowa,…
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Brazil to Increase Rail Capacity

Published January 22, 2019

The new Brazilian government is proposing changes to its grain transportation system. This plan would reduce the dependence on roads and put more focus on moving commodities to the port by rail. By 2025, the goal is to increase the…
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Fuchs and Oberman Join STB

Published January 4, 2019

The Senate has confirmed the nominations of Patrick Fuchs and Martin Oberman to serve on the Surface Transportation Board. Fuchs has been on the staff of the Senate Commerce Committee since January 2015. Oberman previously chaired a commuter rail service…
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Mack Moves to Northern Plains Rail Companies

Published December 20, 2018

Dan Mack has been hired as the executive vice president of finance, marketing and sales for Northern Plains Rail Companies. Dan Mack recently resigned as the vice president of rail transportation and terminal operations for CHS. Mack is originally from…
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1Q Loss for The Andersons

Published May 8, 2018

The Andersons suffered a net loss of $1.7 million in the first quarter. A year ago, the Ohio-based agriculture company had profits of nearly $2 million. The Andersons report better year-over-year results for its grain and ethanol businesses. Income from…
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