Port Houston expects 2024 to be one of its most profitable years, with 3.79 million TEUs handled through November.
This is a 9 per cent increase from the same period last year. November shipments alone totalled 369,361 TEUs, a 24 per cent rise year-on-year (YoY).
Port Houston’s containerised cargo volume is at its highest in this month of the year.
In November, consumer items and machinery drove a 19 per cent increase in loaded imports, while resin shipments boosted loaded exports by 16 per cent.
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Houston is the leading port for resins, accounting for 45 per cent of total export volumes.
General cargo volumes at Port Houston’s multi-purpose facilities have decreased by 3 per cent year-to-date, while steel imports climbed by 34 per cent in November.
Port Houston’s public facilities have produced 48.4 million tonnes of commodities, a 5 per cent increase from the previous year.
Charlie Jenkins, CEO of Port Houston, said: “This year has been nothing short of exceptional. Our record-breaking volumes speak to the trust our customers place in us, the dedication of our team, and our strategic investments to stay ahead of industry needs.
“The momentum we’ve built in 2024 lays the groundwork for continued growth next year and beyond.”
In October, Port Houston handled 3.4 million TEUs, 7 per cent more compared to the same period last year.
