U.S.-Flag Lakes Cargos Up Nearly 7 Percent in November
CLEVELAND – U.S.-flag Great Lakes freighters (lakers) moved 8.4 million tons of cargo in November, an increase of 6.7 percent compared to a year ago. However, the November float was 6.7 percent below the month’s 5-year average.
Iron ore cargos for the steel industry totaled 4.7 million tons in November, an increase of 29.6 percent compared to a year ago. However, coal shipments to power plants and steel mills fell to 1.2 million tons, a decrease of more than 20 percent. Aggregate and fluxstone for construction projects and steel production totaled 2 million tons, a decrease of nearly 10 percent compared to a year ago.