Port of Thunder Bay Reports Average Season Underway

Posted 10 October 2018 by in Business

The Algoma Equinox loading grain at the Richardson Elevator - September 17 2017

The Algoma Equinox loading grain at the Richardson Elevator – September 17 2017

THUNDER BAY – BUSINESS – As of September 30, the Port of Thunder Bay is reporting average volumes of cargo for the season. Just over 5.4 million metric tonnes of cargo have transited the Port this season, compared to the five-year average of 5.3 million metric tonnes.

Shipments in September were slightly below average due to lower coal, potash and grain volumes. Year-to-date grain volumes hovered at the five-year-average level at the end of September, while coal and potash volumes remained above-average. Quorum Corp., Canada’s grain monitoring agency, recently reported that grain car unloads are below average at both of Western Canada’s top grain ports, Thunder Bay and Vancouver.

Despite the dip in shipping during September, there is optimism that the Port will end the season with similar volumes to last year. The shipping season was cut short in 2017 when frigid temperatures caused an early ice-over in mid-December.