Great Lakes-St. Lawrence Seaway shipping rebounded in August due to a surge in U.S. grain exports, iron ore shipment improvements and a steady flow of raw materials for manufacturing and construction.
“We’ve seen a real rally in August. St. Lawrence Seaway cargo shipments were up 8 percent compared to the same month last year,” said Stephen Brooks, president of the Chamber of Marine Commerce. “U.S. grain exports now match last season’s strong performance. Iron ore shipments have improved as Canadian and U.S. mines have boosted production and we continue to see steady demand for aluminum, cement and asphalt.”
The August acceleration lifted year-to-date Seaway cargo shipments (from March 21 to August 31) to 17.3 million metric tons. While this number is down 7.5 percent compared to the same period in 2015, a busier August narrowed the gap.
Year-to-date domestic general cargo shipments are up 23 percent compared to last season, with aluminum ingots (for car and truck manufacturing) shipped by McKeil Marine from the Aluminerie Alouette plant in Sept-Iles, Quebec to Oswego, New York, Detroit, Michigan and Toledo, Ohio.
Ports and ship owners are now gearing up for the autumn, traditionally the busiest time of the season.
Published in the October 2016 Edition of American Recycler News