Cargo Reports – October 2016 – U.S.-Flag Vessels – Text

October 31, 2016
October 31, 2016 LCA

U.S.-Flag Lakes Cargos Down More Than 9 Percent in October

CLEVELAND – U.S.-flag Great Lakes freighters (lakers) moved 8.8 million tons of cargo in October, a decrease of 9.2 percent compared to a year ago, and 10.2 percent below the month’s 5-year average. October was also the sixth consecutive month in which cargos trailed the previous year.

Iron ore cargos for the steel industry totaled 4.4 million tons in October, an increase of 5.3 percent compared to a year ago. However, coal shipments to power plants and steel mills fell to 1.3 million tons, a decrease of 43 percent. Limestone for construction projects and steel production totaled 2.6 million tons, a decrease of 6.7 percent compared to a year ago.

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