SHIPPING: The Great Lakes Slump

When the St. Lawrence Seaway opened in 1959, Mid westerners envisioned the shores of the Great Lakes becoming "America's fourth seacoast." Today that dream has all but sunk out of sight. Despite the seaway's direct route to the bustling ports of Europe and the Middle East, the Great Lakes ports from Duluth to Rochester are suffering through a depression that looks almost impossible to reverse.

International cargo trade moving in and out of the ports is averaging only half as much as last year, and two-thirds less than the record 8.6 million tons moved in 1971. Patrick J. Sullivan, secretary-treasurer...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!