The Ports of Indiana, a self-funded port authority which operates three ports on the Ohio River and Lake Michigan, reports that two of the three ports in 2014 set records.
The Port of Indiana-Jeffersonville handled over 2.4 million tons of cargo in 2014, up 48% from the previous year. This was the first time annual shipments exceeded 2 million tons in the port's 29 year history.
The 2014 total was 464,000 tons higher than the previous record set in 2006. Another outstanding harvest in 2014 helped push grain tonnage to its highest volume ever breaking the previous record set in 1993.
"This is a transformational time for our port," said Port Director Scott Stewart. "The shipping records, major company investments and the construction of a new Ohio River bridge are all strong indicators of future economic growth in this region. When the new interstate bridge opens in 2016 just a mile away, this port will have significantly improved access to new markets in the region stretching from Louisville and Cincinnati to Lexington and Nashville."
The port of Indiana-Mount Vernon handled 735,000 tons of cargo in December, which was the highest ever single-month total at any of Indiana's three ports, and also produced the highest fourth-quarter shipments by any port in Ports of Indiana history.
The Mount Vernon port finished 2014 with 4.85 million tons, up 17% from 2013 and the highest annual total since 1994. Coal, grain, ethanol, dried distillers grains and steel were the dominant cargoes during the record setting year.
Valero Renewable Fuels Company's acquisition of the ethanol plant located within the port continues to positively influence ethanol and DDG volumes. Valero Renewables is a subsidiary of Valero Energy Corp., the 10th largest Fortune 500 Company in the U.S.