GLIN==> Lakes Limestone Trade Struggled Again in September

Cleveland---Shipments of limestone from U.S. and Canadian Great Lakes
ports were again weak in September.  The trade totaled 2,983,855 net
tons, a decrease of 21 percent compared to a year ago.

 

September was down even more compared to the month's 5-year average - 29
percent.

 

The blame for some of the erosion lies squarely with the dredging
crisis.  The largest limestone cargo loaded in September totaled 50,222
tons.  If the U.S. Army Corps of Engineers was maintaining Great Lakes
ports and waterways to their authorized depth, the vessel would have
carried about 54,000 tons.  The 3,800 tons of limestone left at the
quarry thanks to the dredging crisis represents enough product to build
10 houses.

 

For the year, the limestone trade stands at 16,351,880 tons, a decrease
of 32.5 percent compared to a year ago.  Shipments are 38.7 percent
below the 5-year average for the first three quarters.

 

See attached for more 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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