The October float was 5 percent below the month’s 5-year average, but the decrease partially reflects the significant weather-related delays the fleet experienced, said the Lake Carriers’ Association, which represents 17 American companies that operate 55 U.S.-flag vessels on the Great Lakes
Iron ore cargo for the steel industry increased 12.8 percent compared to a year ago. Limestone cargo for construction, steel production, and environmental applications inched passed a year ago, but coal for power generation and steel production was down 10 percent.
Through October, U.S.-flag cargo stands at 75 million tons for the year, an increase of 3.8 percent compared to the same point in 2010. Iron ore has increased 10.6 percent and limestone cargo continues to advance beyond last year’s level, but coal is down by 6.8 percent. Compared to the 5-year average for the January-October time frame, U.S.-flag cargo is down 2 percent.
Brokerage Compliance Symposium
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.
F3 Awards Dinner
The 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.
F3: Future of Freight Festival
Industry-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 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