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November's Shipping Numbers

Posted at: 12/17/2012 6:33 PM

CLEVELAND—U.S.-flag Great Lakes freighters (“lakers”) carried 9.2 million tons of dry-bulk cargo in November, a 6.6 percent increase over October’s total that was noticeably impacted by Hurricane Sandy.

However, compared to a year ago, the U.S.-flag float was down by almost 9 percent. November’s loadings were also 4 percent below the month’s 5-year average.

Iron ore cargos for the steel industry totaled 4.1 million tons in November, a decrease of 11.8 percent compared to a year ago.

At 2.3 million tons, coal cargos registered a slight increase, but loadings of aggregate and fluxstone fell 14.4 percent to 2.2 million tons.

Through November U.S.-flag cargos stand at 81.6 million tons, a decrease of 4.1 percent compared to the same point in 2011, and 2 percent below the 5-year average for the January-November timeframe.

Iron ore cargos are down by 4.4 percent compared to a year ago. Coal has slipped by more than 13 percent, but limestone cargos are still up by 3.7 percent, or 750,000 tons.