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Topic Title: Deep Freeze On Great Lakes Halts Cargo Shipments Topic Summary: Created On: 03/24/2015 05:14 PM |
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03/24/2015 05:14 PM
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Deep Freeze On Great Lakes Halts Cargo Shipments
The Liberty Eagle | March 24, 2015 The trip to pick up a load of iron ore powder in Conneaut, Ohio, was supposed to take four days by way of the Great Lakes. But within sight of its destination, the cargo ship, the Arthur M. Anderson, got trapped in ice. Two heavy icebreakers from the Canadian Coast Guard eventually broke the vessel free. It was a 24-day ordeal, and the ship returned to its home port in Wisconsin without picking up the cargo. A deep freeze this winter left much of the Great Lakes blanketed in thick ice, sidelining the ship lines and companies that move vast amounts of grain, cement and other commodities through this system of waterways. And now the spring thaw, which creates piles of impassable ice, will most likely create more delays. "There's a lot of ice out there, and we need to understand the impact of that ice," said Mark Barker, the president of the Interlake Steamship Company, which carries mostly iron ore, coal and limestone on its nine ships. "Last year, we pretty much lost the month of April." Cold spells and snowstorms have taken a bite out of businesses across the Northeast and Midwest of the United States, as well as in Canada. Car manufacturers have blamed the weather for weak sales. Housing starts, too, have slumped. And blizzards in places like Boston have been brutal for many local businesses. Michael Dolega, who analyzes the United States economy at the Toronto-Dominion Bank, says he expects that the weather will cut first-quarter growth by as much as three-quarters of a percentage point. And not all of that loss will be made up later in the year, he said. "I don't think it's a welcome development," said Mr. Dolega, who is based in Toronto ------------------------- The REAL truth is....both of the forum idiots are OWNED. -BOTH of them have no clue who their owner is. -They are both card carrying narcissists. ^These are PROVED facts. |
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03/25/2015 01:43 PM
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Yep.
We are changing the climate. ------------------------- "The truth is incontrovertible. malice may attack it, ignorance may deride it, but in the end, there it is." -Sir Winston Churchill |
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03/27/2015 06:10 AM
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Obama's fault.
------------------------- GOP: Gaslight Obstruct Project |
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03/27/2015 08:32 AM
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How much additional tax dollars, from me, do you need to fix this problem?
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03/27/2015 09:27 AM
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How much you got? ------------------------- Specializing in sarcasm and condescending rhetoric since 1971. |
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03/27/2015 10:05 AM
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03/27/2015 02:03 PM
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Gonna be spending a lot of your kids tax dollars to cope too..
------------------------- "The truth is incontrovertible. malice may attack it, ignorance may deride it, but in the end, there it is." -Sir Winston Churchill |
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