GLIN==> U.S.-Flag Lakes Float Tops 9 Million Tons for First Time This Year in November

The U.S.-Flag Great Lakes fleet hauled more than 9 million net tons of
dry-bulk cargo in November.  That's the first month this year that
cargos totaled more than 9 million tons in a single month.  

 

The November float is a small increase over the previous month - 3
percent - but significantly higher than earlier this year.  In May, for
example, U.S.-Flag cargos totaled only 7.1 million tons.

 

The 3.6 million tons of iron ore hauled in November are the fleet's best
total for that commodity so far this year and reflect rising demand for
steel.  Limestone recorded its second-best month of the year.  However,
the last stone cargo of the year was loaded on December 16, an early
close for that trade.

 

Coal loadings were down 16 percent compared to a year ago, primarily
because of slowdown in shipments of western coal out of Superior,
Wisconsin.

 

Through November, U.S.-Flag carriage stands at 60,352,716 tons, a
decrease of approximately 36.6 percent compared to a year ago.  The
U.S.-Flag float is 38.4 percent off the 5-year average for the
January-November timeframe.

 

See attached more for details.

 

 

Glen G. Nekvasil

Vice President-Corporate Communications

Lake Carriers' Association

Suite 720

20325 Center Ridge Road

Rocky River, OH  44116

   P:  440-333-9996

   F:  440-333-9993

   C:  216-702-6360

   E:  nekvasil at lcaships.com <mailto:nekvasil at lcaships.com> 

 




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