GLIN==> Economic Impact Study Results Released; Great Lakes-Seaway Shipping supports 227,000 jobs...

Economic Impact Study Results Released
Great Lakes-Seaway shipping supports 227,000 jobs

Duluth, MN - USA (October 18, 2011) - The Great Lakes maritime industry today released the results of a year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system. The study was commissioned by members of the marine shipping industry, in partnership with U.S. and Canadian government agencies.  Martin Associates of Lancaster, Pennsylvania, a global leader in transportation economic analysis and strategic planning, was retained to conduct the study.

The study found that maritime commerce along this waterway supported 227,000 jobs; contributed $14.1 billion in annual personal income, $33.5 billion in business revenue, and $6.4 billion in local purchases; and added $4.6 billion to federal, state/provincial, and local tax revenues. North American farmers, steel producers, construction firms, food manufacturers, and power generators depend on the 164 million metric tons of essential raw materials and finished products that are moved annually on the system. Additionally, marine shipping saves companies approximately $3.6 billion per year in transportation costs compared to the next least-costly land-based alternative...   To read more, see full release attached.

EXECUTIVE SUMMARY attached.
For a copy of the FULL report:   http://www.marinedelivers.com/economic-impact-study-results-released



Adele Yorde
Public Relations Manager
Duluth Seaway Port Authority
218.727.8525
www.duluthport.com<http://www.duluthport.com>

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