Container volume at the Port of Houston grew by double digits in November, reaching a total throughput of 348,950 TEU.
This reflected an 11 per cent year-on-year increase from November 2021.
It was the fourth highest month ever for containers at Port Houston’s Barbours Cut and Bayport container terminals.
Through November, container volume has increased 17 per cent year-over-year, totalling 3,682,874 TEU for the first 11 months of 2022.
With over 70,000 combined transactions, the week before Thanksgiving saw the most truck transactions ever, while Saturday gates are still making only modest strides toward greater utilisation.
Retailers anticipate that containerised imports into the United States will decrease and continue to decline into the new year, according to the Global Port Tracker and Journal of Commerce.
Despite November’s solid container handling numbers, import activity is expected to level off during the next few months in the US Gulf.
READ: Port of Houston maps out container yard expansion
Executive Director at the Port of Houston, Roger Guenther, said: “Retailers continue to invest in distribution centers in our region that are served through our Port. The export of petrochemical commodities continues to rebound as well. The impacts of the historic global supply chain demand are beginning to disappear. Our vessel queue is now reduced to single digits and will likely be caught up in the coming weeks.”
