“While the increase reflects improving demand for dry-bulk cargoes, it must be remembered that heavy ice slowed navigation a year ago,” said the Cleveland-based Lake Carriers’ Association, which tracks the freight volumes for the U.S.-flag Great Lakes fleet. “More accurate is the five-year comparison and in that regard, this April’s total represents an increase of 6.9 percent.”
For the year, the U.S.-flag float stands at 18.3 million net tons, an increase of 56 percent compared to the same point in 2003.
“The increase partially reflects the extension of the closing date for the Soo Locks to Jan. 24 that allowed additional cargoes of iron ore and western coal to move in January,” the association said. “However, even when compared to the five-year average for the January-April timeframe, the U.S.-flag fleet’s float is still more than 20 percent ahead of the pace.”
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