Latest Lakes Cargo Report (7/12)

 

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The Lake Carriers’ Association has issued the following news release, dated July 12:

 

U.S.-Flag Cargo Movement on Lakes Up 2.3 Percent in June

 

CLEVELAND—U.S.-flag Great Lakes freighters (lakers) carried 10.1 million tons of dry-bulk cargo in June, a virtual repeat of the preceding month, and an increase of 2.3 percent compared to the corresponding period last year. The June float was, however, down 2.9 percent from the month’s long-term average.

 

U.S.-flag lakers moved 4.6 million tons of iron ore in June, 76.1 percent of all ore moving on the Lakes/Seaway that month. The 4.6 million tons represent a 2-percent decrease compared to a year ago, and a drop of 2.6 percent compared to the month’s long-term average.

 

Coal shipments in U.S. hulls totaled 2 million tons, an increase of 18 percent compared to a year ago, but a decrease of 12 percent compared to the month’s long-term average.

 

The 3 million tons of limestone hauled by U.S.-flag lakers in June represent 82.1 percent of the trade month and a repeat of a year ago.

 

Through June, the U.S.-flag float stands at 32.7 million tons, a decrease of 4.6 percent compared to a year ago. Iron ore cargos are down by 6 percent. Coal loadings trail last year by 4.5 percent. Shipments of limestone are 1.6 percent off last year’s pace.

 

Lake Carriers’ Association represents 17 American companies that operate 57 U.S.-flag vessels on the Great Lakes that 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 115 million tons of cargo per year. 

 

More information is available at www.lcaships.com

 

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