U.S.-Flag Lakes Float Up 3.1 Percent in May
CLEVELAND—U.S.-flag Great Lakes freighters (“lakers”) carried 9.8 million tons of dry-bulk cargo in May, an increase of 19 percent over April, and 3.1 percent better than a year ago. The May float was, however, slightly below the month’s 5-year average.
Iron ore cargos for the steel industry increased 5.2 percent compared to a year ago. Aggregate and fluxstone for construction and steelmaking rose 12.4 percent. Coal for power generation and steel production dipped 8.7 percent.