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 likely begin to level off during the next few months in the US Gulf.
“The long term for container growth in Houston is extremely favorable. 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," commented Roger Guenther, executive director at Port Houston.
He added, "Our vessel queue is now reduced to single digits and will likely be caught up in the coming weeks. We remain committed to the efficiency of our facilities and the investments we are making to stay well in front of demand both on the waterside and the terminal side."
Additionally, general cargo at Port Houston’s facilities grew by 45% year-to-date compared to the first 11 months last year, while auto imports were up 141% for November 2022 and 14% year-to-date compared to 2021.
Furthermore, steel imports took a dip in November; however, this year's steel volume has been substantial, making 2022 the best year for steel tonnage during the last five years.
