“Despite continued economic uncertainties, this was the fourth consecutive year our ports experienced growth,” said Ports of Indiana Chief Executive Officer Rich Cooper. “Our 2011 shipments were nearly a million tons higher than the five year average. We’ve also seen a significant increase in capital investments by our port companies as they prepare for future growth. This is a good sign for things to come.”
New shipments of ethanol and distiller’s dried grains with solubles (DDGS) shipments combined with gains in limestone, salt and steel cargoes fueled a 5 percent increase in total shipments moving through Indiana’s three ports.
The Ports of Indiana is a statewide port authority that operates a system of three ports: Mount Vernon and Jeffersonville on the Ohio River, and Burns Harbor in Portage on Lake Michigan.
The Port of Indiana-Mount Vernon handled 4.7 million tons in 2011, 12 percent more than in 2010 and its largest annual tonnage since 1994.
Ethanol-related shipments played the biggest role in the increase, with Aventine Renewable Energy operating in its first full year at the port and other ethanol producers taking advantage of the port’s new rail-to-barge transloading facility. Ethanol shipments were five-times the previous year’s total and DDGS, a byproduct of ethanol production used as animal feed, was 10-times greater than in 2010.
Port of Indiana-Burns Harbor moved 2 million tons of cargo in 2011, an increase of 10 percent over 2010 which was fueled by shipping increases in limestone, steel, fertilizer, coal, and salt.
The Port of Indiana-Jeffersonville handled 1.4 million tons in 2011 with salt shipments increasing 17 percent over 2010 figures. There were also small increases in coal and steel.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now