U.S.-Flag Iron Ore Cargos Retreat Again in July
CLEVELAND – With the nation awash in dumped foreign steel, iron ore cargos carried by U.S.- flag Great Lakes freighters (lakers) fell again in July. Loadings totaled 4.7 million tons, a decrease of 10 percent compared to a year ago. The slump comes on the heels of a 10 percent decrease in June.
Total cargo movement in U.S. hulls totaled 10.9 million tons in July, a decrease of 4 percent compared to a year ago.