As the lines of ships waiting to unload cargo at Chinese ports dwindle, ocean bulk freight rates have tumbled as well, falling by more than half on some routes after shooting up seven or eightfold last year and early this year.
22.
It became apparent quite early that the John Sherman was not large enough to handle the volume of freight and the F & PM Railroad contracted with the Goodrich Line of Steamers to handle the break bulk freight out of the Port of Ludington.
23.
The only remaining large Great Lakes bulk freight vessel built by Defoe Shipbuilding still in service is the 642'03 " long, M / V " Ojibway " ( Defoe hull # 00422 ) operated by the Canadian firm Lower Lakes Towing, of Port Dover, Ontario, Canada.
