THE Port Houston is celebrating a landmark year, achieving a record-breaking 53,066,219 million tonnes of cargo in 2024, up six per cent over 2023 at the public terminals, reports the American Journal of Transportation.
Container volume rose eight per cent reaching a remarkable 4,139,991 TEU - also a record for the port. December capped off this success with a four per cent year on year increase in total container volumes, totalling 340,418 TEU.
This milestone demonstrates Houston's critical role in moving cargo and driving economic prosperity.
The overall port, which includes 200 private and eight public marine terminals, is the nation's largest in tonnage and deep-water transits.
"Houston is at the heart of our nation's trade, connecting our region to global markets," said Charlie Jenkins, CEO of Port Houston.
Loaded exports surged 12 per cent in December to 135,446 TEU, driven by robust shipments of resin, chemicals, rubber, and textiles and were up eight per cent for the year.
Loaded imports were down one per cent in December but up six per cent for the year overall, supported by strong demand for consumer goods in what is considered one of the fastest growing regions in the country.
Notably, refrigerated cargo imports at Port Houston were up 15 per cent this year.
Through November 2024, imports from China accounted for 34 per cent of the port's import market share, marking an 11 per cent increase compared to the same period in 2023.
Transatlantic trade with Europe also experienced significant growth, with imports from Belgium, Germany, and Spain achieving double-digit gains compared to November 2023.
https://www.shippingazette.com/news?news_id=9250200000303
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