U.S.-flag Lakes cargoes down almost 10 percent in July

U.S.-flag Great Lakes freighters moved 9.85 million tons of cargo in July, a decrease of 9.5 percent compared to a year ago. The July float was also 9 percent below the month’s five-year average.

Iron ore cargoes for the steel industry totaled 4.6 million tons, a decrease of 3.4 percent compared to a year ago. Coal shipments to power plants and steel mills fell to 1.7 million tons, a decrease of 25 percent. Limestone loads for construction projects and steel production totaled 2.9 million tons, a decrease of 10 percent compared to a year ago.

Year-to-date, U.S.-flag carriage stands at 40.4 million tons, a decrease of 5 percent compared to the same point in 2015. Iron ore cargoes are up 4.8 percent, but coal cargoes have dipped 27 percent. Limestone shipments trail last year by 4.5 percent.

Maritime Editorial