Logistics
November 9, 2023
Written by David Schollaert
US steel imports continue to arrive at a steady pace, as total import licenses in October were about even with September’s import levels.
The latest data from the US Department of Commerce shows 2,122,677 net tons of import licenses for October. That’s down marginally from 2,186,760 tons in September but about 12% below October 2022’s imports of 2,418,894 tons.
Iron ore shipments from US ports on the Great Lakes slipped in September from a year earlier, according to the Lake Carriers Association (LCA).
The Association of American Railroads (AAR) has agreed to rescind the Open Top Loading Rule (OTLR), according to a notice issued by the Recycled Material Association (ReMA).
Canadian steel producers will get new help moving material across the country under a federal freight rebate plan launched on Aug. 10.
Gregg Troian, industry veteran and president of both PGT Trucking and the Board of Directors at the American Transportation Research Institute, cautions that the trucking industry continues to face mounting obstacles.
Steel trade groups have come out in support of the Building Unrivaled Infrastructure and Long-term Development for America's 250th Act (BUILD America 250 Act)