Great Lakes Limestone Trade Down 6 Percent in November

Shipments of limestone on the Great Lakes totaled 2.8 million tons in November, a decrease of 6 percent compared to a year ago, according to the Lake Carriers’ Association. However, limestone cargos were just about on track with the month’s five-year average.

Loadings from U.S. quarries totaled 2.3 million tons, a decrease of 8.8 percent. Shipments from Canadian quarries totaled 473,000 tons, an increase of roughly 40,000 tons.

Year-to-date the limestone trade stands at 27 million tons, an increase of 1 percent compared to a year ago. Loadings from Michigan and Ohio quarries total 22.1 million tons, an increase of 112,000 tons. Shipments from Ontario quarries total 4.8 million tons, an increase 153,000 tons.

The Lake Carriers’ Association represents 13 American companies that operate 45 U.S.-flag vessels on the Great Lakes and carry the raw materials that drive the nation’s economy: iron ore and fluxstone for the steel industry, aggregate and cement for the construction industry, coal for power generation, as well as salt, sandand grain. 

Collectively, its members can transport more than 90 million tons of dry-bulk cargo per year and employ more than 1,600 men and women, all of whom are U.S. citizens or legally admitted aliens, and provide annual wages and benefits of approximately $125 million. In turn, those cargos create and sustain nearly 116,000 jobs in the eight Great Lakes states and generate more than $20 billion in economic activity, $8.3 billion in personal income, $16.4 billion in business revenue, $4.1 billion in local purchases and $3.7 billion in taxes.

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