Great Lakes Shipments up in July
Cargo shipments on the Great Lakes continued to increase in July.
U.S.-flag ships moved a total of 11.4 million tons of cargo in July, up 16.4% compared to last year and 10.2% above the month’s five-year average, according to the Lake Carriers’ Association, which represents 13 U.S. companies and their 46 ships.
Each full month of the 2019 Great Lakes shipping season has seen larger total cargos than the same month in 2018.
July 2019 iron ore cargos for steel production totaled 6.2 million tons, an increase of 18.2% compared to July 2018, and 24.6% above the month’s five-year average.
Coal shipments, which have been falling steadily in recent years, fell to 1.2 million tons in June, down more than 6.1% from the year before and down more than 32% compared to July’s five-year average.
Read the full story here.