May 14, 2021 - Economy

Mississippi River reopens after damaged bridge caused shutdown

Memphis Skyline on the Mississippi River.

Photo: Visions of America/Education Images/Universal Images Group via Getty Images

The U.S. Coast Guard said the Mississippi River reopened on Friday after a large crack in a bridge near Memphis, Tennessee, forced authorities to shut down traffic on the river Thursday, according to Reuters.

Why it matters: The shutdown of the vital waterway caused a backlog of more than 1,000 barges carrying shipments of oil and corn, and it came as certain crop prices were at their highest in more than eight years.

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