The study, “The Economic Impacts of the Great Lakes-St. Lawrence Seaway System 2010,” was commissioned by the maritime industry and government agencies from both countries. It was peer reviewed by both U.S. and Canadian economists.
The comprehensive study measured the effects of 2010 cargo movements at U.S. and Canadian Great Lakes ports, including employment; personal income; business revenue; local purchases; and federal, state, provincial, and local taxes. Maritime activity on the St. Lawrence Seaway supported $34 billion in business revenue; $14 billion in personal income; and $4.6 billion in federal, state, provincial, and local tax revenue.
“The jobs sustained by the maritime industry include not only those located directly on the waterfront, but also many industrial sector jobs such as construction workers, miners and steelworkers, many of which would disappear if it was not for a vibrant, healthy maritime industry operating along the Great Lakes-St. Lawrence Seaway System,” said Collister Johnson Jr., administrator of the U.S. Saint Lawrence Seaway Development Corp., in a statement.
In 2010, U.S. and Canadian ports and marine terminals on the Great Lakes Seaway System handled 322.1 million metric tons of cargo, including grain, iron ore, coal, manufactured iron and steel products, stone, and specialty cargoes such as wind energy components.
A link to the full study can be found here.
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