Positive Outlook for Seaway Shipping Season

Tools

It's looking like good news for the north country economy after the St. Lawrence Seaway shipping season gets off to a strong start.

According to the American Great Lakes Ports Association, 4.4 metric tons of cargo were shipped on the Seaway between its opening day on March 22nd and the end of April.

That's up 2.24 percent from the same period last year.

The steel and construction industries pushed the demand for North American commodities such as iron ore, stone and cement, and provided the 2012 shipping season with a solid start.

Although it's still early, the latest stats have officials saying the outlook is good for the rest of the shipping season.

And that's definitely good news around here - the Seaway industry supports nearly 230,000 jobs in the US and Canada, and generates $33.5 billion in business revenue every year.

--Information from Marine Delivers, an initiative administered by American Great Lakes Ports Association and the Chamber of Marine Commerce in Canada.

Click here
to read the full press release.
 

Thursday, October 30, 2014
, Watertown, NY

On Demand

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

On Wall Street

What's On TonightFull Schedule