U.S.-Flag Cargo Movement on Great Lakes

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By MarEx 2017-02-22 09:59:21

U.S.-flag Great Lakes freighters (lakers) moved 2.1 million tons of dry-bulk cargo in January, a decrease of 125,000 tons compared to a year ago. This January’s float was, however, down nearly a quarter from the month’s 5-year average.

Iron ore cargos for steel production increased by 120,000 tons, but coal cargos, mostly for power generation, dipped by 17,000 tons. No limestone was loaded in January.

Lake Carriers’ Association represents 13 American companies that operate 49 U.S.-flag vessels on the Great Lakes and carry the raw materials that drive the nation’s economy: iron ore and fluxstone for the   steel industry, aggregate and cement for the construction industry, coal for power generation, as well as salt, sand and grain. Collectively, these vessels can transport more than 100 million tons of cargo per year.

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