The July float was also down 6.6 percent from the month’s long-term average.
Limestone shipments took the biggest hit, dropping 20 percent versus a year ago as construction activity has remained sluggish. Compared to the long-term average, lime declined 3.3 percent.
U.S.-flag lakers moved 4.6 million tons of iron ore in July, 77 percent of all ore moving on the Great Lakes, St. Lawrence Seaway that month. The 4.6 million tons represent a 6.7 percent increase compared to a year ago, but a drop of 5.7 percent compared to the month’s long-term average. Demand for steel remains cyclical.
Coal shipments by U.S. carriers totaled 2 million tons in July, 71 percent of all coal moving on the Lakes. Coal shipments were up 13.5 percent versus July 2012, but down 14.4 percent compared to the rolling average. Great Lakes carriers are being impacted by Canada’s decision to phase out coal for power generation.
Year-to-date, U.S.-flag carriers have transported 43.1 million tons, a decrease of 4.1 percent compared to a year ago, with iron ore down 3.7 percent, coal flat and limestone off 7.8 percent from last year’s pace. – Eric Kulisch
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