LCA Reports Limestone Trade Down (9/7)

 

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The Lake Carriers' Association (LCA) issued the following news release on September 6.

 

Lakes Limestone Trade Down 13.5 Percent in August

 

Shipments of limestone on the Great Lakes totaled 3,365,999 tons in August, a decrease of 13.5 percent compared to a year ago. August’s loadings were also 8 percent below the month’s 5-year average.


Loadings from U.S. quarries totaled 2,765,206 tons, a decrease of 15.5 percent compared to a year ago. Shipments from Canadian quarries totaled 600,793 tons, a decrease equal to one load in one of the larger river-class vessels.


Year-to-date the Lakes limestone trade stands at 16.5 million tons, a decrease of 7.6 percent compared to a year ago. Loadings out of Michigan and Ohio quarries total 13.2 million tons, a decrease of 11.8 percent. Shipments from Ontario quarries total 3.3 million tons, an increase of 14.3 percent.

 

Lake Carriers’ Association represents 14 American companies that operate 56 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. More information is available at www.lcaships.com.

 

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