The Lake Carriers' Association reports that shipments of iron ore on the Great Lakes totaled 1.6 million tons in March, an increase of 25.5 percent compared to 2023. Loadings also topped the month's 5-year average by 47.5 percent.

Year-to-date the iron ore trade stands at 4.4 million tons, an increase of 16.8 percent compared to a year ago. Iron ore shipments are 31.9 percent above their 5-year average for the first three months of the year.

Since 1880, Lake Carriers' has represented the U.S.-flag Great Lakes fleet, which today can move more than 90 million tons of cargos 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.

Source: Lake Carriers' Association

 

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