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May 16, 2018

Cargo movement on Great Lakes down 14 percent in April

The Lake Carriers' Association reports that freighters moved 6.1 million tons of cargo in April, a decrease of 14 percent compared to a year ago. The April float also trailed the month's 5-year average by more than 5 percent.

The Association says iron ore cargos for steel production totaled 3.9 million tons, a decrease of 12.6 percent. Some decrease was inevitable vessels experienced many more ice-related delays this April than last year. In fact, the U.S. and Canadian Coast Guards continued to break ice in Whitefish Bay and the St. Marys River that connect Lake Superior to the lower four Great Lakes into May.

Coal shipments fell 36.7 percent to 743,000 tons. Limestone cargos dipped 6.5 percent to 1.1 million tons.

Year-to-date U.S.-flag carriage stands at 9.4 million tons, a decrease of 17 percent compared to the same point in 2017. Iron ore cargos total 6.75 million tons, a decrease of 16 percent. Coal loadings total 837,000 tons, a decrease of 43 percent. Limestone cargos have actually increased by roughly four loads in river-class vessels to 1.27 million tons.

Source: Lake Carriers' Association