September records second-best month for loaded import containers
Houston - October 17, 2022
In September, Port Houston handled 353,525 TEUs, an increase of 26% compared to September of last year. This is the second-highest month ever for containers at Port Houston, following only August 2022. The increase in volume is largely due to demand for imported goods and a more efficient gateway, and loaded import container volume was up 31% in September over the same month last year. Overall, container volume is up 18% year-to-date at Port Houston’s terminals and is nearing the 3M mark already this year.
Despite rumblings of economic slowdown, Port Houston’s terminals are thriving and have thus far showed no signs of slowing. Following its best September ever, Port Houston leadership continues to drive forward important infrastructure growth plans, including adding wharves and container yard space. In addition, recently the Port Commission approved the purchase of 26 hybrid-electric rubber tire gantry (RTG) cranes and three new electric ship-to-shore cranes.
"We are doing everything we can to maintain fluidity at our terminals," said Roger Guenther, Executive Director at Port Houston. “We’ve created additional temporary space on terminal and accelerated our investments in additional container yards. We appreciate our customers for working with us by evacuating their containers quickly, and want to encourage them to take advantage of the recently-added Saturday gate hours in addition to our weekday gates."
Steel imports were up 32% in September and year-to-date are up 76% and have surpassed 4M tons. Steel products, which include line pipe, structural pipe and tubing, and oil country goods are used in the oil and gas industry. Crude oil production in the Texas Eagle Ford region has been increasing steadily since early this year, and Texas rig count and number of drilling permits are both up.
Auto import units were up 241% in September compared to last year and are up 4% year to date. Total tonnage at Port Houston’s facilities is up 26% for the year through September.
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area’s largest breakbulk facility and two of the most efficient container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) - and $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.
Image by Port of Houston Authority.
Port of Houston Authority press release