Great Lakes Coal Trade Down Almost 10 Percent in October
CLEVELAND—Shipments of coal on the Great Lakes totaled 3 million net tons in October, a decrease of nearly 11 percent compared to September, and a drop of 9.6 percent compared to a year ago. The trade slumped even more – 20.7 percent – when compared to the 5-year average for October.
Loadings at Lake Superior ports fell to 1.5 million tons, a decrease of 21.6 percent compared to a year ago. Shipments from Lake Michigan terminals rose 40 percent for the second straight month. Loadings at Lake Erie docks were essentially on par with a year ago.