Great Lakes Information Network

GLIN==> FW: Great Lakes Coal Trade Down 11.5 Percent In May

Glen Nekvasil Nekvasil at lcaships.com

Thu Jun 24 12:47:30 EDT 2010

Coal shipments on the Great Lakes totaled 3,187,868 net tons in May, an increase of 27.2 percent over April, but a decrease of 11.5 percent compared to a year ago.  Loadings were down even more - 24.6 percent - when compared to the month's 5-year average.



Shipments from Lake Superior ports decreased by roughly 24 percent from both a year ago and the month's 5-year average.  Loadings in Chicago increased by about 2 boatloads compared to a year ago, but were 36,000 tons off the month's 5-year average.  The coal trade out of Lake Erie increased 15.8 percent compared to a year ago, but was 31 percent off the 5-year average.



Year-to-date coal shipments stand at 6.8 million tons, a decrease of 3 percent compared to a year ago.  However, the total a year ago was depressed by the recession.  A better measure is the 5-year average for the January-May time, and in that regard, 2010 loadings are 35 percent off the pace.



See attached for more details





Glen G. Nekvasil
Vice President - Corporate Communications
Lake Carriers' Association
Suite 720
20325 Center Ridge Rd.
Rocky River, OH  44116
Phone: 440-333-9996
Cell: 216-702-6360


This email and any attached files are confidential and intended solely for the intended recipient(s). If you are not the named recipient you should not read, distribute, copy or alter this email. Any views or opinions expressed in this email are those of the author and do not represent those of the Lake Carriers' Association. Warning: Although precautions have been taken to make sure no viruses are present in this email, the company cannot accept responsibility for any loss or damage that arise from the use of this email or attachments.
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