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Port Houston now at No. 5 spot in U.S. container port rankings

marinesalvage by marinesalvage
December 29, 2023
in News
0
Containers at the Port of Houston
Containers at the Port of Houston's Bayport container terminal.

Containers on the Port of Houston’s Bayport container terminal.

Port Houston jumped from No. 7 to No. 5 within the rating of high U.S. container ports by way of TEUs (twenty-foot equal items) dealt with in 2022, Port Houston chairman Ric Campo introduced on the Port Commission of the Port of Houston Authority common assembly held on May 2.

The port authority cites the Journal of Commerce as saying that Port Houston ranked No. 5 in loaded imports and No. 3 in loaded export containers for 2022. Growth continued throughout all commerce lanes, Transpacific was the highest commerce lane for loaded imports and grew 25.7% in 2022. Transatlantic was the highest commerce lane for loaded exports, rising by 20.5% in 2022.

In his month-to-month report back to the fee, govt director Roger Guenther supplied an replace on the present degree of exercise throughout Port Houston’s public terminals.

“Our activity remains solid, and I am proud and thankful for our team here at Port Houston that continues to deliver the quantity and quality of output that makes us successful each and every day,” mentioned Guenther, “The results of cargo activities have continued to remain solid through Port Houston facilities during the first quarter this year, overall tonnage is up 4% through March compared to last year collectively for all of our terminals.”

Container exercise confirmed a rise of three% year-to-date, and metal remained comparatively flat for the 12 months, down solely 2%, Guenther mentioned.

That sounded a extra constructive notice than his remarks again in March this 12 months when he warned of a softening in container demand.

In its persevering with dedication to investing sooner or later, the port fee acted on gadgets on the May 2 agenda for varied operations, infrastructure, and different contracts totaling greater than $30 million.

Source of This New

Tags: container volumesPort CommissionPort HoustonPort of Houston AuthorityRic CampoRoger Guenther
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