Are they not shutting down the largest grain elevator in Duluth/Superior? What I do know is that the cheapest route/port to ship will be the one that gets the business. Ships reaching Thunder Bay have to navigate through the St Lawrence Seaway, the Welland Canal. and the locks at Sault Ste Marie paying for each transit. Now add on top of that the increase in the cost of using the port of Thunder Bay.
At some point, using rail to transport grain to ports on the St Lawrence Rive such as Montreal may become more desirable. Grain elevator workers will be asking for a raise soon as well.
It would be a shame if the increased cost of using the port prices this city out of the market.
I noticed that last year, Keefer Terminal got a big pile of cash from the Federal Government. No mention of fee rate hikes leading up to that. Makes you wonder why now?
Keefer Terminal getting over $6M for infrastructure funding
In fact, if you go back 10 years or so, you will see that the Federal Government gave Keefer Terminal millions of dollars for improvements. No mention of fee rate hikes. Why now?
Thunder Bay port improvements get multi-million dollar boost from Ottawa
Had the pipeline of free cash from the Feds dried up? I suspect that there is much more to this story than we are being told. What else is new?