Indiana port on Lake Michigan registers big jump in shipments

Apply for Atlanta Emergency Rental Assistance Money While You Can

“Steel is up more than 100% and limestone has climbed nearly 90%, too. We look forward to additional growth in the second half of the year,” Coda said. Through the end of June, international cargos shipped through the St. Lawrence Seaway to Great Lakes ports are up by 8.37% to 12.9 million tons, The (Northwest Indiana) Times reported.

In June, the port handled a 52% spike in cargo. So far this year, the Port of Indiana-Burns Harbor has had more than a 36% increase in maritime tonnage compared with the same period last year, said Vanta E. Coda II, chief executive of the Indianapolis-based Ports of Indiana port authority. Great Lakes shipping officials attribute the boost to increased domestic construction, manufacturing activity and global export demand.

Shipments of cement are up 36%, gypsum 79% and general cargo 61%. Iron ore volumes are up 14%, partly because of exports to Asia and Europe. Coke, another steelmaking input, is up 125%, partly because of exports to France, the Netherlands and other European countries. “This time last year, many of these cargoes had fallen off a cliff due to the pandemic. It’s great to see marine shipping bustling again and supporting the accelerating recovery of so many American industries,” said Bruce Burrows, president and chief executive of the Chamber of Marine Commerce.

The News Highlights

  • Indiana port on Lake Michigan registers big jump in shipments
  • Check the latest update on business news
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Medical Marijuana Dispensary Warns Against Open Market |  Mid-Missouri News
Medical Marijuana Dispensary Warns Against Open Market | Mid-Missouri News
Error! There was an error processing your request. Success! An email has been sent to with a link to confirm ...
Platinum Equity Vends Electronics Manufacturer for $306 Million
Platinum Equity Vends Electronics Manufacturer for $306 Million
PCI is a fully integrated design, engineering and manufacturing solutions provider with six manufacturing and design facilities across Asia. The business ...
Huntsville Police recognise suspect accused of setting seven business fires
Huntsville Police recognise suspect accused of setting seven business fires
The Huntsville Police Department and Huntsville Fire & Rescue are investigating the seven separate fires. Huntsville officials say they believe seven ...
Berliners in favor of the measure to expropriate 240,000 apartments
Berliners in favor of the measure to expropriate 240,000 apartments
The proposal would affect about 15% of rented apartments in Berlin. The representatives of the initiative known as Expropriate Deutsche Wohnen & Co, ...
Is a New Star Wars Game About to Be Revealed?
Is a New Star Wars Game About to Be Revealed?
“We won’t be showing any new Star Wars games at EA Play Live on July 22nd…but all of us look forward to celebrating with you next year when we share our ...
UK fintech PrimaryBid Hires City heavyweight Brydon as new chairman
UK fintech PrimaryBid Hires City heavyweight Brydon as new chairman
PrimaryBid has recruited Sir Donald Brydon to fill the function, in what might be considered a sign of its rising ambition. A British expertise firm which ...
China raise funding oversight of Evergrande property projects
China raise funding oversight of Evergrande property projects
The special accounts have been set up since late August in at least eight provinces where Evergrande has the most unfinished projects, the Chinese outlet ...
Georgia sees increase in new registrations for ‘Obamacare’
Georgia sees increase in new registrations for ‘Obamacare’
Other states that use the HealthCare.gov platform also saw spikes in new enrollees as the Biden administration expanded tax credits that bring down the cost ...
Missouri Conservationists Test Deer for COVID This Fall |  News
Missouri Conservationists Test Deer for COVID This Fall | News
The USDA report shows that although deer were carrying the antibodies, none of them actually fell ill. In addition, there is no evidence of deer dying from ...
Dice raises $122M at a $400M estimation for its intelligent event discovery and platform for booking
Steam Giving Game Away for Free for 48 Hours
On Steam, the game boasts a “Very Positive” User Review Rating, with 84 percent of 54 users reviewing the game positively. Whether negative or positive, ...
Show next
Compsmag - Latest News from tech, business and health
Logo