Great Lakes Information Network

GLIN==> U.S.-Flag Laker Cargos Up 8.5 Percent in October

Glen Nekvasil Nekvasil at lcaships.com

Mon Nov 29 10:53:31 EST 2010

CLEVELAND-U.S.-flag Great Lakes freighters ("lakers") carried 9,483,099 net tons of cargo in October, an increase of 1.2 percent over September, and an increase of 8.5 percent compared to a year ago.



The October "float" was, however, 11.4 percent below the month's 5-year average.



Iron ore cargos in October increased 34 percent compared to a year ago, but coal loadings were down 15.2 percent.  Limestone cargos increased 11.3 percent.



Year-to-date U.S.-flag cargos stand at 72,298,502 net tons, an increase of 40.8 percent compared to a year ago, but 9.5 percent behind the 5-year average for the January-October timeframe.  Iron ore cargos are up 99.6 percent.  Coal is 4.1 percent ahead of last year's pace.  Limestone cargos are up 25 percent.



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


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