As 2022 moves into its final months, low water levels and drought form the basis of the news impacting inland waterways operators and barge companies. In the first week of October, numerous barges were reported grounded in the Mississippi River, particularly south of Baton Rouge. This has consequences: barge rates jumped 218% in St. Louis, compared to 2021.
Michell Bearings has announced the opening of a U.S sales and engineering office in Fort Washington, Philadelphia.The office opening follows the incorporation of the U.S business, Michell Bearings Inc., in 2021 to better support customers in North America, especially those in the U.S. naval industry.