Foreign Steel, Vessel Repairs, and a Broken Lock Combine to Cut U.S.-Flag Lakes Float 10 Percent in August
CLEVELAND – Continued high levels of steel imports, coupled with three large vessels idled for repairs and a lengthy closure of the MacArthur Lock at Sault Ste. Marie, Michigan, cost U.S.-flag Great Lakes fleets more than 1.1 million tons of cargo in August. The fleet moved 9.9 million tons of raw materials in August, a decrease of 10.3 percent compared to the 11 million tons hauled a year ago.