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Tuesday, August 20, 2019

Maritime Logistics Professional

Posted by September 2, 2016

US-flag Lakes Cargos Down Almost 10% in July

U.S.-flag Great Lakes freighters (lakers) moved 9.85 million tons of cargo in July, a decrease of 9.5 percent compared to a year ago, the Lake Carriers’ Association  (LCA) reports.  The July float was also 9 percent below the month’s five-year average.
 
Iron ore cargos for the steel industry totaled 4.6 million tons, a decrease of 3.4 percent compared to a year ago. Coal shipments to power plants and steel mills fell to 1.7 million tons, a decrease of 25 percent. Limestone loads for construction projects and steel production totaled 2.9 million tons, a decrease of 10 percent compared to a year ago.
 
Year-to-date U.S.-flag carriage stands at 40.4 million tons, a decrease of 5 percent compared to the same point in 2015.  Iron ore cargos are up 4.8 percent, but coal cargos have dipped 27 percent. Limestone shipments trail last year by 4.5 percent.
Great LakesLake Carriers Associationsteel industry