Great Lakes Iron Ore Trade on the Rise

July 7, 2023

(Photo: Lake Carriers’ Association)
(Photo: Lake Carriers’ Association)

Shipments of iron ore on the Great Lakes totaled 5.8 million tons in June, an increase of 47.8% from 2022, according to latest figures published by trade group the Lake Carriers’ Association (LCA). Shipments were 12.7% above the month’s five-year average.

Year-to-date the iron ore trade stands at 19.9 million tons, 44% above the previous year’s total of 13.8 million tons, LCA said. Iron shipments are above their five-year average by 7.9% for the first half of the year.

Logistics News

US Begins Importing Iraqi Oil Through Syria

US Begins Importing Iraqi Oil Through Syria

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Port of Bilbao Sees Largest YoY Growth Since 2004

Port of Bilbao Sees Largest YoY Growth Since 2004

Subscribe for Maritime Logistics Professional E‑News

Union Pacific reports higher quarterly profit due to strong freight demand
Zelenskiy, a Ukrainian official, says that Raytheon is interested in producing interceptors.
India's youth protest leaders will hold talks with the government, but protests continue