Great Lakes Iron Ore Trade Up 30% in October

(via marinelink.com) Iron ore shipments on the Great Lakes totaled 5,026,477 net tons in October, a 6.1% decrease compared to September, but a 30.5% improvement over a year ago. Even so, loadings were still 8.6% below the month’s five-year average. October loadings at U.S. Great Lakes ports increased 28.3% compared to a year ago. Shipments … Continue reading “Great Lakes Iron Ore Trade Up 30% in October”

Evergreen’s Profit on the Upturn

Maybe another good sign… Evergreen’s profit on the upturn Evergreen Marine Corporation recorded TW$11.673 billion (US$382.72 million) in after-tax earnings, or TW$3.81 (US$0.12) in earnings per share, in the first three quarters of this year, exceeding its earnings posted in 2009. The company will likely challenge the highest earnings recorded in the peak 2005. The … Continue reading “Evergreen’s Profit on the Upturn”

Nordic Tugs to resume production

(tradeonlytoday.com) Nordic Tugs plans to restart production to provide products for spring deliveries, the company announced. The Burlington, Wash.-based company is continuing to take orders during the temporary suspension of production that it announced in August. Nordic Tugs boat owners, dealers and service yards are receiving parts and service support. Most employees were to be … Continue reading “Nordic Tugs to resume production”

Great Lakes Limestone and Coal Trade Up

Maybe a good sign… Great Lakes Limestone and Coal Trade Up Lakes Limestone Trade up 16% in September Shipments of limestone on the Great Lakes totaled 3,461,606 net tons in September, an increase of 3.6 percent compared to August, and 16 percent better than a year ago. However, the trade was down 10.7% compared to … Continue reading “Great Lakes Limestone and Coal Trade Up”

Not Good

Nordic Tugs to temporarily close Washington plant Nordic Tugs announced that it will temporarily close its Burlington, Wash., manufacturing plant on Tuesday. Most employees will be furloughed, according to a company statement, but a skeleton staff will remain to field customer inquiries and maintain the plant to keep it prepared to resume production when business … Continue reading “Not Good”

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