(CLEVELAND) — Shipments of iron ore on the Great Lakes totaled 5.1 million tons in October, an increase of 8.5 percent compared to a year ago, according to the Lake Carriers’ Association. Shipments were a near match to the month’s five-year average.
Year to date, the iron ore trade stands at 41.8 million tons, an increase of 23.3 percent compared to the same point in 2022.
Through October, iron ore loadings are 5.7 percent above their five-year average for the January-October time frame.
Since 1880, the Lake Carriers’ Association has represented the U.S.-flag Great Lakes fleet, which today can move more than 90 million tons of cargoes
annually that are the foundation of American industry, infrastructure and power: iron ore, stone, coal, cement and other dry bulk materials such as grain, salt, and sand.