GLIN==> Slow December Caps Disappointing Year for Lakes Coal Trade

A significant slowdown in coal shipments in December capped a difficult
year for the Great Lakes coal trade.  Loadings in December totaled only
2.3 million tons, a decrease of 28 percent compared to November, and a
drop of 37 percent compared to a year ago.  

 

Only one port registered an increase in loadings in December.  Toledo,
Ohio saw its shipments increase 140,000 tons compared to a year ago.  In
terms of decreases, the largest came at Superior, Wisconsin, where
loadings fell by almost 800,000 tons.

 

For the year, coal shipments finished at 29,924,432 tons, a decrease of
25 percent compared to a year ago, and a dip of nearly 27 percent
compared to the trade's 5-year average.  The last time the coal trade
slipped below 30 million tons was in 1932, when loadings totaled
24,857,369 tons.  The record for the trade is 60,563,530 tons, shipped
in 1948.

 

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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