Mississippi Receding Faster Than Expected, Shippers Say

Bloomberg: Water levels in the Mississippi River south of St. Louis are falling faster than anticipated, requiring more urgent action to keep the nation's busiest waterway open, according to a group of shipping companies. Debra Colbert, senior vice president of the Waterways Council Inc., said the U.S. Army Corps of Engineers now projects river levels may fall to a point at which many tugboats can't operate by Jan. 3 or Jan. 4. Previous estimates indicated that the river would remain navigable until at least...

URL: http://www.bloomberg.com/news/2012-12-26/mississippi-receding-faster-than-expected-shippers-say.html