Cargo down on the Great Lakes, but steel shipping is up

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("U.S. Steel Plant, Burns Harbor, Indiana" by Ken Lund, CC BY-SA 2.0)

Steel shipments are riding a higher wave on the Great Lakes this year, while overall cargo is down.

Cargo is down nine percent from 2021, according to the Great Lakes Seaway Partnership. However, through August, the Great Lakes system moved 1.3 million metric tonnes of steel. That’s an increase of 4%.

The Ports of Indiana-Burns Harbor is part of the Great Lakes system, a series of ports that traded with at least 23 countries in August, down from 27 in July.

Eight US states and two Canadian provinces are served by the system, which generates $35 billion in economic activity and supports more than 237,000 jobs.

Meanwhile, progress is being made on upgrades at the Port of Burns Harbor.

Improved efficiency is a priority as nearly $20 million in upgrades are underway at the Ports of Indiana.

Northwest Indiana Business reports that port officials say the nearly $10 million FASTLANE grant is covering some of the costs, and is matched by state funds.

The improvements include an addition to the existing rail network, a new cargo terminal, and more. A dock wall is also being extended and larger dock space is being set up to improve the moving of cargo.

 

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