The Port of Houston reported that activity at all its terminals increased in April, indicating strong growth in containers and steel due to strong regional demand.
In particular, it is worth mentioning that the container throughput of major ports in Texas increased by 25% last month to 275,840 TEU.
According to a statement, this reflects high consumer demand, a growing regional population, and the continued provision of world-class customer service through the terminal in the Port of Houston.
The multi-purpose facility at the Bayport Container Terminal in Port Houston also showed strong container capacity, with steel imports up 15% this month and 6% year-to-date. This marked the second consecutive month of increases in steel prices, indicating a highly anticipated rebound in the industry.
Roger Guenther, Executive Director of the Port of Houston, pointed out the importance of strengthening port facilities and waterways to support continued and efficient cargo transportation in a rapidly growing environment.
He said: "Our attention to personnel, facilities and infrastructure has enabled our airline to obtain efficient gate processing time and sufficient berth capacity."
Earlier this week, the Port of Houston highlighted the groundbreaking of the Houston Waterway Expansion Project-Project 11, which aims to widen and deepen the busiest waterway in the United States.
The port stated that it will deliver multiple infrastructure projects as part of a $1.4 billion capital investment in the next five years and a possible $4 billion capital investment in the next 20 years. According to the announcement, these investments are expected to enhance the predictability and consistency of customers.