Port Houston reports record cargo volumes in 2022

In 2022, the Port of Houston recorded the largest general cargo volume in its history, handling 55 million tons of cargo.

Port Houston chairman, Ric Campo highlighted Project 11 for widening and deepening the Houston Ship Channel as an important milestone, saying that “dredging is 99% complete on Segment 1A of the Houston Ship Channel.”

Segment 1A consists of about 18,000 meters of waterway running from Bolivar Road to Redfish Island. The US$1 billion project’s first phase began in June of last...

https://container-news.com/port-houston-reports-record-cargo-volumes-in-2022/

Ric Campo re-elected as Port Houston chairman

Ric Campo was unanimously reappointed as chairman of the Houston Port Authority of Harris County, Texas Port Commission during a joint meeting of the Harris County Commissioners Court and Houston City Council on 9 January.

Among the most significant accomplishments of Ric Campo’s tenure was the efforts to expand and deepen the Houston Ship Channel through the US$1 billion expansion infrastructure initiative known as Project 11.

Meanwhile, Campo is chairman of the board and chief executive officer...

https://container-news.com/ric-campo-re-elected-as-port-houston-chairman/

Port Houston achieves 11% container growth in November

In November, container volume at Port Houston grew by 11% compared with the same month last year, reaching a total of 348,950 TEUs.

The previous month was the fourth-highest month ever for container handling at Port Houston’s Barbours Cut and Bayport terminals.

Meanwhile, Port Houston’s container volume from January to November is up 17% from the same period in 2021, totaling 3,682,874 TEUs.

Port Houston reported that althought volumes continue to be solid through November, import activity will...

https://container-news.com/port-houston-achieves-11-container-growth-in-november/

Container-ship logjams off US ports finally easing as imports fall

maps showing container ship backlogs

The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday. The bad news is that there were still 99 container ships offshore and the pre-COVID norm was in the single digits.

There’s still a long way to go to clear the backlog. But the current tally is now back to June levels and 35% off recent highs.

The number of ships waiting off North American ports peaked at around 150 in January, with waiting vessels almost entirely off the West Coast....

https://www.freightwaves.com/news/container-ship-backlogs-off-ports-finally-winding-down-as-imports-fall

West Coast ports sink to lowest share of US imports since early 1980s

photo of a container port crane

The West Coast was the destination of choice for Asian exports in the initial stage of the COVID buying boom — before container-ship queues stymied the ports. 

Since then, volumes have been redirected to the East and Gulf Coasts due to fears of both California congestion and West Coast port labor strife. There has been a major shift in cargo flows. East and Gulf coast ports now boast significantly more imports than West Coast ports.

Best month ever for East/Gulf coast ports

Data from McCown...

https://www.freightwaves.com/news/west-coast-ports-sink-to-lowest-share-of-us-imports-since-early-1980s

US imports keep chugging along, still up double digits vs. pre-COVID

photo of Savannah, a port with heavy container import volumes

Containerized goods are still flooding into the U.S. at a near-record pace. Port throughput in August came in just under all-time highs. The pileup of waiting ships off East and Gulf Coast ports remains almost as bad as ever.

U.S imports totaled 2,529,042 twenty-foot equivalent units in August, according to Descartes. That’s down 1.8% year on year (y/y), marking the first time since July 2020 that Descartes’ monthly tally has not increased y/y.

(Chart: Descartes. Source: Descartes Datamyne)

However...

https://www.freightwaves.com/news/us-imports-keep-chugging-along-up-double-digits-vs-pre-covid