​On March 16, 2024, about 0008 local time, the towing vessel Chad Pregracke was transiting southbound on the Lower Mississippi River pushing 34 loaded barges, near mile 260.6, about 5 miles east of New Roads, Louisiana, when a barge, the PTC 706, at the head of the tow rapidly sank, causing the tow to break apart. Five barges in the tow were damaged. Damages were estimated at $2 million. There were no injuries, and no pollution was reported. 

​On March 16, 2024, about 0008 local time, the towing vessel Chad Pregracke was transiting southbound on the Lower Mississippi River pushing 34 loaded barges, near mile 260.6, about 5 miles east of New Roads, Louisiana, when a barge, the PTC 706, at the head of the tow rapidly sank, causing the tow to break apart. Five barges in the tow were damaged. Damages were estimated at $2 million. There were no injuries, and no pollution was reported.​