Houston

Port Houston Sees Growth in Container Traffic

Port Houston Sees 5% Rise in Container Flows in April

Port Houston experienced a 5% increase in container flows in April, handling 324,177 twenty-foot equivalent units (TEUs) compared to the same month in 2023. Year-to-date, the port has seen an 18% increase, handling 1.4 million TEUs. Loaded container imports rose 4% to 146,910 TEUs, and loaded container exports increased 8% to 119,302 TEUs. The rise in exports is attributed to increased demand for regionally produced automotive, furniture,...

https://mfame.guru/port-houston-sees-growth-in-container-traffic/

Ørsted’s new Houston office will include support for P2X projects

Ørsted today announced the official opening of a new office in downtown Houston. This new space will expand Ørsted’s presence in Texas, where it owns and operates eight clean energy projects collectively producing 2.4 GW of electricity, with an additional 1.2 GW of solar projects under construction. Many of the new office’s approximately 30 full-time employees will support Ørsted’s growing Power-to-X (P2X) business, which will be concentrated along the Gulf Coast of Texas.

P2X is the umbrella...

https://www.marinelog.com/news/orsteds-new-houston-office-will-include-support-for-p2x-projects/

Car carrier WWL Vehicle Services Americas laying off 63 Houston workers

WWL Vehicle Services Americas is permanently closing a Houston logistics operation and laying off dozens of employees, according to a filing with the Texas Workforce Commission.

WWL Vehicle Services Americas is a subsidiary of global shipping and logistics giant Wallenius Wilhelmsen. The Norwegian company specializes in receiving new cars shipped from overseas and preparing them for distribution throughout the U.S. 

The layoffs will begin March 14 at the facility at 131 East Loop North and be...

https://www.freightwaves.com/news/car-carrier-wwl-vehicle-services-americas-laying-off-63-houston-workers

Truck driver apprehended after 3-hour standoff on Texas highway

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A three-hour standoff between a truck driver and Houston law enforcement ended Wednesday after SWAT...

https://www.freightwaves.com/news/truck-driver-apprehended-after-3-hour-standoff-on-texas-highway

Cart.com secures $30M from Trinity Capital to increase profitability

Houston-based e-commerce platform Cart.com announced it has nabbed $30 million from Trinity Capital to help the firm expand while boosting its balance sheet.

The investment is part of a larger $100 million debt refinancing that included Trinity and Silicon Valley Bank, a division of First Citizens Bank. The capital will strengthen Cart.com’s balance sheet as it continues to scale operations, according to a news release.

“With Trinity’s financing, Cart.com will double down on investments that...

https://www.freightwaves.com/news/cart-com-secures-30m-from-trinity-capital-to-increase-profitability

Union Pacific to operate international intermodal terminal in Phoenix

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Union Pacific is beefing up its intermodal offerings through two new options: an international...

https://www.freightwaves.com/news/union-pacific-to-operate-international-intermodal-terminal-in-phoenix

Houston may restrict cargo truck movements inside city limits

Houston could soon become the largest U.S. city to enact a broad truck route plan to limit where tractor-trailers can travel as they move through town.

City officials have proposed a regulation that would limit commercial trucks to main roads, banning them on many smaller streets.

The aim of the measure is to improve roadway safety and the quality of life in Houston, according to Muxian Fang, a planner manager for the city of Houston’s Planning & Development Department.

“The Citywide Truck Route...

https://www.freightwaves.com/news/houston-may-restrict-cargo-truck-movements-inside-city-limits

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