Marketplace®

Daily business news and economic stories

Drought not over for those on the Mississippi River

The Mississippi River hovers at record lows as a result of the drought in the Midwest. It could soon mean big problems for the shipping industry on the river.

You probably remember the drought from this summer. It baked the Midwest and badly damaged the crops of farmers across the country. But if you thought we were done with all that, think again.

Now the Mississippi River is feeling the effect of scarce rainfall. And that’s making it harder to transport goods up and down the river.

Austin Golding is a third-generation co-owner of Golding Barge Line, a barge transportation company in Vicksburg, Miss. The company was started in the 1960s by Golding’s grandfather. He says things are bad now, but could soon get much worse.

“We’re reaching is a stage where if we don’t get any rain in a matter of weeks… the upper Mississippi River will have to be shut down because there’s not a navigable channel,” says Golding. “So I’d say we’re reaching critical stage at this point.”

Golding’s company ships refined petroleum products like gasoline, but shipping companies use the Mississippi river to transport a wide range of goods including agricultural commodities. He’s hoping the Army Corp of Engineers will release water held up in dams further upstream.

Related Topics

Latest Episodes

View All Shows
  • Make Me Smart
    20 hours ago
    25:16
  • Marketplace
    20 hours ago
    25:41
  • Marketplace Morning Report
    a day ago
    6:43
  • Marketplace Tech
    a day ago
    11:19
  • This Is Uncomfortable
    11 days ago
    56:05
  • Million Bazillion
    a month ago
    32:45